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Updated about 12 years ago on . Most recent reply
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Best Strategy in Best Market
I am a newbie to US real estate investing. I would really like to hear from the experienced investors in BP what they think is the best investing strategy and in what market. Why do you focus on the strategy you focus on?
For example is it:
Flipping houses in the city of XX with XX% annual return. or
Wholesaling in the city of XX with XX% annual return. or
Buying foreclosures and renting in XX with XX% income and XX% appreciation annually?
If anyone can share that experience I would be grateful.
Most Popular Reply
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I don't believe there is a perfect strategy for any market. As a southern Californian, I see so many investors specializing in different techniques and strategies. A better way of looking at investing is to decide what you like to do, then learn how to apply that to the market you are interested in doing business in. Chasing dollars is not the way to wealth. Becoming good at something, then doing it consistently and persistently is a much better model.