Updated over 3 years ago on . Most recent reply
Pivoting your investment Strategy (is deviating good or bad)
ok, so when I started my investment strategy was simple I listened to enough of the BiggerPockets team to create a plan and stick to that. "invest in what you know" so my investment strategy was: SFR, Sunbelt states, 1% rule, cities with at min national averages (pop increase, homeless, income... yadda yadda) and ones who CAFR was investing in themselves while paying down debt. (tall order I know) and my goal was to get at least 3 properties in each state before I move on to the next.
My question is: When do you Pivot, I wonder if my goal is doors, am I preventing myself from growth by sticking to the plan? should I focus more on a number(s) over the location and the strategies outlined by myself? I would like to hear your thoughts or experience on when you found yourself pivoting or growing in a way you didn't originally plan. I am sure it is more a natural progression than a forced one.