Advice for narrowing down the direction of investing

[Account Closed]

Hey everybody,

The insight on these forums is great, every post is insightful, and I’m glad to be a part of it now...I’m addicted to BP now!

So taking advantage of being able to talk to so many like-minded investors, I’d like to ask how you all narrowed down the direction of your investment plan?

I have a residential/commercial appraisal background (so i’m familiar and comfortable with numbers and seeing a deal), i own a couple rental homes and a duplex...now what?! I’ve looked at many avenues:

-NNN single tenant commercial

-more residential rentals

-smaller multi-family (duplex to fourplex)

-fix-n-flips

-potentially talking to syndicates to partner with and expand faster

*I’m intrigued with buying residential notes, learning more about MHP investments, etc but I rather stick with what I know.

I’m sure the above avenues can be all done together but for now it’s just me investing and I am of the mindset ‘pick one and commit’ despite me wanting to spread into everything at once.

I’m in this cycle of weighing pros and cons for each property type while not pulling the trigger on anything.

Anyway, any and all insight would be greatly appreciated. Maybe it’s as simple as just keeping an eye out for the best deal and just running with that, but it feels like i might find a better deal focusing on one of the property types. 

I’m in the Phoenix metro market if that helps.

Thanks everybody!

Respectfully,

Joe