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Updated about 3 years ago,
Choosing My RE Strategy
Hello everyone and Happy New Year!
I've spent the last 6-9 months immersing myself in the BP community, listening to podcasts and reading recommended books. I've even attending the One Thing Goal-setting retreat, and worked through many mindset topics. However, I'm struggling with deciding WHICH strategy to pursue. Everything from SFR to STR to Self-Storage sound exciting and potentially lucrative to me, and fit my personality well. I want to purchase my first property within Q1 to get in the game, but I would like to head down my chosen path rather than switching gears all the time. Any hints on how to choose the actual RE strategy that will suit my needs? I'm in my mid-40s, have a global role in the corporate world, and my wife and I will already be fortunate enough to retire early through stock investing (~10 years). In other words, I'm in a different stage of life than when I was 20-25 so I'm not interested in house hacking at this point. What are some criteria I might use to filter various strategies so I can feel confident about my chosen path even if I pivot later? Finding my WHY has been difficult. Much appreciated as always.