However, securities have a pretty impressive long-run track record for those with very long time horizons.

who is thinking along these lines: if you are looking at properties 4 hours away you might as well expand your horizons to the entire continental US.

Also, if your time horizon is 5-10 years, you are right to value cash-flow more, but if like me you will hold your properties 15-20 years or more, then equity has some weight.

Once you find a niche to start in, focus on that one, get good at it, then expand your horizons from there.The first step is jumping in!

I'm a new investor who has been focusing in the area I live in currently (Muncie, IN) but I am wanting to broaden my horizons in the future, and I've always loved the Carmel/Fishers/Noblesville area.

But if the economy there is on the upturn and there are some scheduled improvements on the horizon by the city it might be worth a look. 

But done right it can set you up so that rather than hitting singles for the next couple of years in a mature tight market, you can wait on deck and come in for clean up when the market turns and still make your 7 year goal.  7 years is a pretty good time horizon to prep and execute a strategy like this.  

Time to expand your horizons?

So i have sorta brainstormed a few topics what do you guys think i should take away or add... sorta just going to do a data dumpI have labeled topics 1-3   1= basic   2=intermediate   3= advanced1-3 Property Management Absentee ownersShort term investors and the opportunities the miss and the opportunities they make for others1-3 Contractor's (bids)1 Bootstrapping1 The myth of real estate passive income1 My secret to massive upside Long horizon, value add mentality, “72” Bootstrapping, force down NOI via capex, property efficiency and systems1 Value Investor Mindset2-3 Managing tax liability1 Service and Hospitality (or business partners with commercial tenants)1 Small improvements can lead to massive swings in NOI1 Lower rent and lower vacancies are more important than the ego boost from high rent with medium vacancy1 Strategy… why I prefer multifamily and other strategies2 Cape rate and property class2 NOI income and expense1-3 Add Value properties and mindset1 money is made when you buy… or lost1-2 Buying your first deal series (couple episodes)1 DRY POWDER (cash)1 “72” (compounding interest basics)1-2 Money is everywhere Mentality/ mindset episodes1-2 Financial literacy/ intelligence (mini series)1 Stop asking permission1 Positivity (mindset)1-2 CASHFLOW is KING!!!!!!

And if you look at a 30 year time horizon that cash invested today has 29 years to grow, cash invested next year as 28 years to grow, etc.