Seeking Strategy Wisdom From Seasoned Investors

[Sean Bizjack]

I've been studying REI for about three years now. I've read books from RDPD to ABC's of Real Estate Investing to Paul Moore's book on Multifamily. I am also a devout listener of the Real Estate Radio Guys and just wrapped up a virtual event with them on the Secrets of Successful Syndication. I've had my eye on various strategies and before I go all in, I feel as if I could benefit from an expert's wisdom and experience such as yours. With your knowledge, the current state of the market, and opportunities on the horizon within the next decade, which strategy would you attack first and why?

1. Buying SFRs, duplexes, triplexes, and quadplexes?

2. Building a team and putting together a syndication fund?

I am open to doing both, I just need to know where I need to spend my initial energy and focus before moving onto the next.

Thank you very much everyone,

Sean in Atlanta

[Chad Carrodus]

@Sean Bizjack - congrats on taking these exciting steps. Personally, I would suggest the latter. Having a team with a track record and credibility makes the syndication/funding process a much easier pitch. Especially as we enter trying times, it's going to only solidify that "he who has the gold makes the rules." We are entering a market where cash will be king. I'm going through it right now in a negotiation for a mobile home park.