What Color is Your Real Estate Parachute

For Real Estate investors, getting focused and finding your core focus or niche can be very difficult. Seasoned investors have the wherewithal to tackle a variety of disparate ventures. But for the newer investor this may results in confusion, apprehension and often leads one to quit prematurely.

For my partner and I, the task of identifying the best fit niche was one of our first goals. The key is to find the niche that is best suited for you investment objectives and takes into consideration your strengths and weaknesses.

This may sound difficult, but the exercise was rather straightforward.  The following videos show how Jae and I identified mobile home parks are our primary investment niche. After you watch the two videos, it will seem like our choice was obvious. 

If you find yourself lacking focus at this time with your REI career you may find it useful to go through a similar exercise. Remember, the key is to find what best fits YOU, not what anyone else does or tells you is cool!

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