Wow already we are at strategy number 8 for surviving in a slow real estate investing market! We I start our making these training series it seems like we will never get to the end but here we are with only a couple more! I hope you are following closely and more importantly implementing what you learn!
But that brings me back to strategy 8. Its Specializing!
Have you ever heard the phrase "specialize or die?" How about "The Riches are in The Niches?" If you have then likely you understand what I am telling you. There is simply too much information for anyone to know everything. So the key is to become the expert or specialize in a small niche in your field.
This makes you the go to person for people interested in that investment strategy. So start figuring it out. Are you a short sale specialist, a luxury investment property expert? How about a lease option guru or an international properties expert? What ever it is that is how you want to promote yourself. This is not to say you can participate in other investment strategies it is just how you are building your reputation in the market place!
Next up is the power of gifting!
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