The strategies and options available to an investor will range depending on your individual situation and current market conditions.
Think in terms of things you control and things you don’t
The things you control are the goals you set, your ability to get financing, the actual funds you have to invest, the time you have to research and execute your strategy, and your appetite for risk. Your own knowledge and skills will be a driver too, so get educated and keep learning.
The things that you can’t control like the availability of inventory at reasonable prices, low-cost financing and interest rates, rent prices, vacancy rates and other economic factors. What you are looking for are properties undervalued where you can buy and flip, or where the ratio of purchase price relative to rent is favorable in decent neighborhoods to buy and hold. Below is a depiction of some of these influencing factors.
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