Are all your eggs in one basket????

[Ty Hines]

We all know the saying "dont put all your eggs in one basket". But how many of us actually listen to that advice when it comes to our real estate strategies? When the down turn of the market hit my business suffered large losses which mainly focused on rehab/flips. After picking myself up off of the floor I realized that I had put all my energy into one area of investing whereas I should have had a couple different avenues. I have made the changes and business is improving. One of the best additional services that I offer is marketing services for other investors. Since we have experience in marketing our properties for sale/rent I thought why not offer that service to other investors for a small fee. I

What specific changes have you made to your business to make it more profitable and less likely to suffer in case of changes in the market?

[Brian Levredge]

I was doing high end rehabs going into the top of the market and got out before things went south. Unfortunately, I pumped the money I made into my construction company which took a pretty big hit. I decided after that to get into buy and holds to supplement things as a hedge against the market cycles in construction. I am also getting into wholesaling which I will combine with rehabs again to start pumping things back up.