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Updated over 2 years ago on . Most recent reply

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Juwan Parker
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Looking to Learn A Niche

Juwan Parker
Posted

Hey all,

With my WFH job I have 1-3 hours a day to spend studying real estate. I currently have 1 single family in Tulsa and partnered in a 20 unit complex, also in Tulsa. 
I want to spend these available hours learning about different strategies of real estate such as flipping, self-storage, creative financing, auction lists, buying foreclosures or REOs, and short term rentals. I have gotten all the BP books on these topics in order to find/develop a niche to become an expert in in an effort to spend this year before law school on something productive that could help me expedite my freedom. 
outside of the BP books are there other authors, YouTubers, etc I should look into regarding any of these strategies?

Are there any other strategies I haven’t considered?
is there a strategy or tactic you are a bigger proponent of than others?

Thank you guys! I plan on becoming more active in the BP forums. I look forward to connecting and discussing with you all. 

- Juwan Parker

Most Popular Reply

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Joe Villeneuve
#4 All Forums Contributor
  • Plymouth, MI
19,402
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13,365
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Joe Villeneuve
#4 All Forums Contributor
  • Plymouth, MI
Replied

A couple of things:

1 - All those tings you mentioned are not strategies, they are types of REI you can invest in. Strategies are "how" you move the money in order to make money using those types of RE.

2 - Don't focus on any one "niche".  Learn how to make money in as many as you can.  Learning one restricts you on the opportunities that are presented to you.

3 - The only thing in life that has no limits on it, is the "size of your box"...your knowledge.  One of the goals everyone should be striving for is to have the largest "box".

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