Sharon Vornholt - Let's Talk Real Estate Investing

Choosing a Real Estate Investing Strategy

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Synopsis

Confused about choosing a real estate investing strategy? Today I have a reader question from someone that is trying to decide on an investing strategy. She thought that she needed to just “choose one.” Today I'm going over the pros and cons of the top 3 real estate investing strategies as well as why most investors have more than one strategy or skill set when it comes to their real estate investing business. It's definitely smart to have multiple exit strategies.   [00:00 - 04:18] Opening Segment • Understand the strategies and learn about them Become a master of one, but understand the rest • The importance of knowing your numbers when buying property   [04:19 - 07:44] Maximize Your Profits and Minimize Your Risk with Multiple Exit Strategies • How you can mix up strategies such as wholesaling, hold investing, and fixing and flipping • Have a fund of extra cash to minimize risk in case something goes wrong • Know your market, median sales price, and how to make money on the property the day you buy it