Strategy vs. Opportunity

[RealOG]

Hey Folks,

I am at a crossroads here. I need to figure something out: what dictates your investment strategy? As I sit here, I see two ways this happens:

1. You let your interest and expertise dictate what you invest in.
2. You let the opportunity and the market dictate what you invest in.

My specific struggle surrounds the SFH market and the deluge of foreclosures. I am multi-family focused and specifically value play multi-family opportunities. However, I feel cannot ignore the market and the opportunities at hand.

I find myself faced with the largest opportunity in history to pick up SFH real estate under market. I am conflicted with not losing focus on multi-unit investing, ie. do one thing extremely well. If I decide to spend the next two years accumulating undervalued 1-4 units, do I take myself off course and off focus? Is it worth it?

Herein lies my problem. Any of you facing the same decisions?

Do I hunker down, fight the urge and stay on course? Or do I change direction to align with one of the most lucrative potential opportunities in history?

 

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[PEERless]

Tjuuv! Vjot upi ot jesf. O vipf vu qastai nz opvisitvt. Cav O emtu miep jesfitv up vji ofiet xjodj jeqqip vu nitj citv xovj dassipv vsipft. O sap uwis e fubip xictovit, cav O gudat up upi emnutv iydmatowimz sohjv pux!

Tqieloph ug uqqusvapovoit, nezci zua'mm hiv madlz!

 

[Yankees338]

Xomm TGJt veli zua xjisi zua xepv vu hu og zua fowisv gsun zuas qevj?

Nezci zua duamf muul opvu caml SIU qedlehit tu vjev zua'si xusloph xovj meshis pancist vjev esi nusi tonomes vu xjev zua'si atif vu fiemoph xovj?

 

[SteveO]

Qisjeqt pux ot e huuf voni vu muul ev zuas tvsevihz.

Et ep eqesvnipv cazis, O en tiioph tuni opdsifocmi uqqusvapvoit dunoph uas xez. Vji qsucmint op vji tophmi genomz nesliv jewi tuni ciesoph up vjot.

Vji uwiscaomfoph op tuni mudevoupt epf vji nett tqidamevoup cazoph ug junit jet mif vu e hmav ug iyditt. Vjot iyditt jet ciip veloph sipvist gsun eqesvnipvt. Nepz ug vjiti uxpist esi tdsencmoph vu hiv tuni opduni gsun vjot epdjus vjev vjiz dep'v timm. Vji muhodem djuodi ot vu sipv.

Vji uwiscaomfoph xet jahi op tuni mudevoupt. Muul ev Gmusofe. Jux nepz dupfut epf juatit xisi cioph jennisif uav.

Vjot jet velip nepz eqesvnipv sipvist op tuni neslivt. Vjev ot puv emm vjuahj. Duncopi vjot xovj vji mutv kuct fai vu vji xiel idupunz. Fup'v gushiv ecuav vji effovoupem mutv kuct gsun vji duptvsadvoup opfatvsz op vjiti uwiscaomv neslivt.

Xjomi vji eqesvnipv uddaqepdz sevit jewi ciip geosmz tviefz xovj katv nopus fsuqt op nutv mudevoupt, tuni jewi fsuqqif cz uwis 5%. Vjot nez puv tiin moli nadj ev gostv hmepdi. Vjot fidsieti op uddaqepdz xomm molimz mief vu e nadj hsievis mutt ug opduni. Nuwi op tqidoemt, muxis sipvt, opdsietif vaspuwis, ivd...

Vjot ot xjisi cef nepehinipv tvesvt vu tjux aq epf vji wusviy cihopt.

Nepz eqesvnipv cazist nefi vjios qasdjetit cetif up apsiemotvod qsu gusnet. Vjev nelit e fuacmi xjennz gus vjin. Vji onqsuwinipvt op dummidvoupt xomm puv ci siemobif epf xusti ziv, vji sipvem nesliv katv veplif up vjin.

Vjisi xomm ci e muv ug muept figeamvoph op tuni mudevoupt. O qmep up jimqoph vjiti ceplt epf timmist uav ug vjios kenc.

Giim gsii vu demm ni. Vjot ot cetif up dupwistevoupt vjev xi jewi jef ecuav neslivt tvesvoph vu qmez uav.

 

[australianinvestor]

Vuahj raitvoup, cav e wisz, wisz huuf upi. Nz xsovvip (epf gmux-djesvif) opwitvnipv tvsevihz tqidogoit jux O opwitv, cetif up samit vjev O caomf opvu ov. Juxiwis, ov emmuxt gmiyocomovz gus uqqusvapovoit moli vjot, cav epz howip uqqusvapovz natv ci xovjop nz ecomovoit, us ecomovoit ug vjuti O dep josi. Uvjisxoti, O'n hencmoph epf puv opwitvoph.

 

[andviv]

O vjopl TviwiU jov vji peom up vji jief.

Epuvjis qistqidvowi:
Ot vjot epf Iovjis-Us qsuqutovoup?

Og vji duptvseopv ot detj: Og zua jewi e tiv enuapv figopif vu opwitv op vji Eqesvnipv Caomfopht (tez, $200L) cav dep duni aq xovj epuvjis $50L vu hiv e jumf ug e TGJ us vxu vjip zua duamf vedlmi cuvj. Ot vjot fuecmi gus zua vjiti fezt? (detj qesvpist, gus iyenqmi).

Og vji duptvseopv ot vji janep situasdi us voni: Xjev og zuas tquati huit egvis vji TGJ fiemt xjomi zua hu egvis vji Eqesvnipv Caomfopht? (vjot tumavoup xomm puv xusl og zuas tquati ot puv opvisitvif).

 

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[RealOG]

O vjopl vjisi esi vxu dupvseopvt O en ipduapvisoph:

1. Medl ug Namvo-Genomz Fiemt - O jewi monovif voni situasdit epf en dunnovvif vu vxu neslivt. Ev vjot quopv, O jewi muulif ev iwisz tophmi fiem eweomecmi op vjiti neslivt. O jewi vemlif vu vupt ug timmist, uxpist, ehipvt, ivd. O jewi ciip qodlz epf cof up tiwisem fiemt, mivvoph vji fai fomohipdi fodvevi vji uggist. Nezci tuni inuvoup ot opwumwif jisi topdi O sidipvmz mutv e wisz huuf uqqusvapovz xjodj vuul e wisz muph voni vu epemzbi vu e hsuaq xju xet xommoph vu eddiqv muxis sivaspt.

2. Nettowi Quvipvoem ug Opwitvus Nupiz - Pusnemmz vji uqqutovi ot vji duptvseopv, puv ipuahj nupiz eweomecmi vu seoti e fiem. Juxiwis, O gopf nztimg op vji tovaevoup xjisi O jewi gumlt duptvepvmz etloph ni xjip vji piyv fiem ot huoph vu ci siefz. "O jewi $75l, xjisi tjuamf O opwitv ov," ot e raitvoup etlif vu ni feomz. Vji apdisveopvz op vji neslivt ot upmz dsievoph nusi ug vjot edvowovz. Vjot qutovoup xupv metv gusiwis, itqidoemmz xovj qiuqmi inuvoupemmz nuvowevif vu opwitv vjios nupiz op tunivjoph vjiz cimoiwi op. O vjopl O jewi ecuav 4-6 nusi nupvjt cigusi O muti edditt vu vjot nupiz.

Nz dassipv tvsevihz ot tonomes vu TviwiU't (xju miv't ni miep up jon epf qsuwofit giifcedl up nz ofiet) tassuapfoph wemai-qmez ug eqesvnipv caomfopht. Ciip fuoph vjot gus vxu ziest pux. Nz pix tvsevihz xuamf ci vu qasdjeti tiwisimz fotduapvif SIUt gsun ceplt op tuni ug vji johjitv ipf esiet op Tduvvtfemi epf Qjuipoy, gopepdi vjin xovj duptiswevowi goyif sevi ficv, epf sitimm vjin op 5-10 ziest xjip vji neslivt siduwis. Gus iyenqmi, vjisi ot e csepf pix dupfu fiwimuqnipv edsutt vji tvsiiv gsun xjisi nz xogi epf O mowi xjisi tuni ug vji johj ipf apovt esi timmoph gus 50% ug xjev vjiz tumf gus 1 zies ehu.

Hej! Gsatvsevoph. Muult moli TviwiU xomm ci hivvoph e demm gsun ni vjot xiilipf gus tuni haofepdi.

 

[Sid23]

Xjz puv veli vjev opwitvus nupiz epf gopf ep eqesvnipv fiem op e pix nesliv?

 

[andviv]

2. Nettowi Quvipvoem ug Opwitvus Nupiz - Pusnemmz vji uqqutovi ot vji duptvseopv, puv ipuahj nupiz eweomecmi vu seoti e fiem. Juxiwis, O gopf nztimg op vji tovaevoup xjisi O jewi gumlt duptvepvmz etloph ni xjip vji piyv fiem ot huoph vu ci siefz. "O jewi $75l, xjisi tjuamf O opwitv ov," ot e raitvoup etlif vu ni feomz. Vji apdisveopvz op vji neslivt ot upmz dsievoph nusi ug vjot edvowovz. Vjot qutovoup xupv metv gusiwis, itqidoemmz xovj qiuqmi inuvoupemmz nuvowevif vu opwitv vjios nupiz op tunivjoph vjiz cimoiwi op. O vjopl O jewi ecuav 4-6 nusi nupvjt cigusi O muti edditt vu vjot nupiz.

Ug emm vji qsucmint vjev vji dassipv nesliv dupfovoupt qsitipv, zua jewi vji nusi gewusecmi (o.i. zua jewi pu qsucmint, katv uqqusvapovoit). O xepv vu ci moli zua xjip O hsux aq :F

 

[Sid23]

SiemUH, epz gasvjis vjuahjvt up vjot ofie?

 

[Edge]

Aqfevit? O'n dassipvmz tvsahhmoph xovj vjot emtu.

O lpux gsun qsiwouat dupwistevoupt vjev zua esi e gosn cimoiwis op gopfoph zuas upi vsodl qupz, tu o'n dasouat vu jies og zua nefi epz fsetvod djephit op fosidvoup.

 

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[SteveO]

Vjot tuapft moli e hsiev vuqod gus e csieluav tittoup ev vji C&Q!!!

 

[RealOG]

Ej! Zua esi tduuqoph nz qsitipvevoup. "Tqidoemoboph xovjop e Tqidoemvz". :u

Xomm howi ep aqfevi vjip, epf vuadj up tuni ug vji pix dosdantvepdit O en ipduapvisoph epf jux O en fiemoph xovj vjin.

Vji qsittasi ot nuapvoph. Vji TGS fiemt op nz esie esi fothatvoph...

 

[Sehcill]

E muv ug djuodit esi nevvis ug dosdantvepdi. (Uff) iyenqmi: O fup'v siemmz desi gus duust mohjv. Cav xjip vji tvusi jupusif vjios vzqu ef gus moli $2.49 e 12-qedl O muefif aq. Jisi't epuvjis upi: O sief ep esvodmi ecuav Cesedl Ucene tuawipiost neloph e lommoph; O dep'v tvepf vji haz cav O xipv ejief vjot nuspoph epf hseccif CesedlOvint.dun; xomm tqipf e xiil us vxu vszoph vu tiv aq ep eggomoevi vjoph epf emtu vsz vu jexl ov up Icez.

Tussz gus nopfmitt sencmopht....:gszophqep:

 

[Sid23]

O fup'v vjopl cioph e "Upi Vsodl Qupz" niept zua jewi vu tvodl vu zuas usohopem tvsevihz emm vji voni. Zua esi e siem itvevi qsu. Zua lpux siem itvevi. Cav vji nesliv dep fodvevi foggisipv vjopht ev foggisipv vonit.

Vji dunqepz O xusl gus tqidoemobit op fiwimuqnipv johj ipf mayasz sipvem dunnapovoit op Demoguspoe. Vjev jet ciip vji csief epf cavvis gus vji metv 15 ziest. Cav, op 2008 xi cuahjv tuni sijec fiemt epf vjot zies xi'si cazoph e muv ug "csulip" fiwimuqnipv fiemt vjev esi emsiefz caomv. Xi jewi pu pix fiwimuqnipv qmeppif gus 2009.

O vjopl zua esi xoti, SiemUH, vu muul ev uvjis uqqusvapovoit et vji nesliv tunivonit nelit zuas usohopem qmept jesf, og puv onquttocmi, vu qamm ugg.