Читать книгу Flipping Houses For Dummies - Ralph R. Roberts - Страница 45
Cook up your own strategy
ОглавлениеSuccessful investors, whether they invest in real estate or stocks, devise unique strategies based on their personalities, their abilities, and the resources they have at their disposal. If you like to help people and you’re good at dealing with uncomfortable situations, for example, you may want to focus on foreclosures or divorces. If you’re good at primping a house but not so good at rehabbing, consider focusing on homes that require only a little makeup.
You can even mix-and-match strategies to develop a custom strategy. You may, for example, choose to buy a quick flip in a hot market or buy only duplexes, move into one half, and rent out the other half while renovating the half you’re living in. The variations are limited only by your imagination.
Reevaluate your situation and be ready to shift your strategy as your skills, knowledge, resources, and market change. At this point, you may not feel confident taking on major renovations, but in a year or two, it could well become your area of expertise.