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Updated about 11 years ago on . Most recent reply

User Stats

895
Posts
453
Votes
Micki M.
  • Flipper/Rehabber
  • York, UK
453
Votes |
895
Posts

Strategy vs. Flexibility

Micki M.
  • Flipper/Rehabber
  • York, UK
Posted

I'm curious to get some seasoned investor input on how you approach strategy. I'm a big fan of knowing what you want and how you want to achieve it, writing down goals, etc. For me personally, I would prefer more passive investing like performing notes than being a landlord. However, as a broker I see great properties that I fall in love with and immediately start trying to figure out how I can buy them (to flip, hold, etc).

I want to be open to opportunities that show up, but not lose focus when a new shiny thing distracts me. How do you balance strategy with flexibility as an investor?

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