The Importance of strategy!

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Hey Everyone,

I wanted to do a post about one of the most important items in real estate, strategy! So many people overlook this one simple thing that can really be the key to success or failure.

Having a strategy and then implementing it can make all the difference. Examples being that it will help you know what you’re focusing on, what type of lender to use, what to put your money into, what contractor works for you, when you might be ready to grow to a New area of real estate, and altogether keep you on the track to success. Too many people try to do a bit of everything and get so distracted that they don’t get anywhere, get discouraged, or just end up in the wrong Direction altogether.

So here’s an example of what I am doing. My main focus right now is my construction company. I work solely with real estate investors in New Jersey, Pennsylvania, Delaware and New York helping them do their flips or rentals, I have been doing that for the last four years as my sole focus. I have just started to implement wholesaling as well, because it helps my clients find more deals, and helps me control when I potentially could get work as well! Staying focused on this has helped me continue to build my business as opposed to getting distracted. My plan is to get into flipping myself in about two or three years when I have more cash to use, and with my construction company in place it will handle all my deals as well.

I’d like to know what your strategies are and how you have implemented them for success! I think it would be great for all of us to share different ways that you can succeed in real estate, because there are so many that it can get confusing, and seeing that people are successful by implementing a strategy and sticking to it can reaffirm the one thing that equals success in this industry!

Look forward to seeing what you guys post!