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Updated almost 3 years ago,

User Stats

21
Posts
17
Votes
Patricia Becker
  • Long Beach, CA
17
Votes |
21
Posts

Pivoting your investment Strategy (is deviating good or bad)

Patricia Becker
  • Long Beach, CA
Posted

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. 

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