Factors used to find your niche
Hi everyone,
I know this is a personal choice and depends on each individual’s situation but I would love to know how some of you decided on your niche? What are/were some of the driving factors for your choice? Are you still in your initial niche or have you expanded to more than one? Are you still looking for that first investment property? Thanks for your responses!
Tony
Most Popular Reply
@Tony Warren
Finding your niche is personal. For me, I was listening to several podcasts, including BP, when I started thinking about my local market. The COL is low here, and I was familiar with some areas of town. The spark hit when I ran some numbers using BP calculators and discovered what CF I could get on some properties. I’ve heard others talk about that it’s not what you decide that will increase your wealth; it’s that you decide. What lights your spark? Just start there. Just like a fire, it starts with some kindling and grows from there.