New to Real Estate trying to find niche.

[Anthony Torres]

Hello everyone!

This is my first post on BP and really am look to both add and gain value in my discussion. We are just delving into real estate by reading a few books and getting some knowledge under our belts as it pertains to the processes and operations of real estate as a whole. I am just finishing a book (Multifamily Millions) and becoming increasingly interested in the multifamily space. That said, I'm struggling to really identify a niche in this because I have also wanted to pin down on SFH.

I’d love to get some insight as to how others chose which direction they went and why!

I hope everyone has a great day,

Tony

[Jeffrey Donis]

@Anthony Torres

Hey Anthony-

I think the answer goes back to your "why" and your goal/purpose of investing in the first place. For us, it's passive income. That is why we wanted to get into the MF space. The economic es of scale in the MF space compared to SFH allows us to scale a lot faster which will help us achieve our goals faster. I would read the book called "Traction" by Gino Wickman if you need help coming up with a game plan/finding your "why" and how you can use it.