What is your Strategy for 2019

[Marisa R.]

Hope you all had a great year in 2018 and you made pots of money.

Just curious what and where you will be investing in 2019 if you care to share

[Anthony Thompson]

I'm going to continue the strategy I started in 2018, which has been to trade out of my problem properties by exchanging them for better properties in better areas, in other words to try to trim and upgrade my portfolio.

Where possible I will be using lower leverage as the market seems to be stabilizing/falling a bit, and I will also start keeping more cash in reserve.

However I will still be active in the market, and am definitely not going to sit on the sidelines waiting for some kind of "crash" (which could happen next year or take years to come, if it's even so dramatic). Good deals happen in every market and I want to be ready and able to find and jump on them in 2019 and every year.

I'm also going to continue to grow my network and help other investors because I believe helping other people (eventually) comes back to you, and it feels great to do it too.

Lastly, I'm going to continue investing in my own back yard (Rhode Island) as I know the laws and market, and have a team here, and I had not-great experiences investing out of state in the mid-2000s.

Even though there are much better areas of the country to invest in, for me personally it's still lower risk to invest where I know because I believe real estate is always local and you can always find deals in every market if you look hard enough.

Great question @Marisa R.!