What a Long-Term Investment Portfolio Might Look like

Building a long-term rental investment portfolio is all about balance. Sure, I teach a lot on building wealth using subject-to deals where you buy and sell homes within a short amount of time. This gives you some quick cash in your pocket to turn around and do the same thing over and over. However, this isn’t the only way to make great money in real estate and having a long-term portfolio can be beneficial for various reasons.

What does a long-term REI portfolio look like? Well, it will look different for each person and oftentimes it’s not necessarily a right vs. wrong scenario. It’s individual preference and will depend on your own goals.

Here are a few tips for you as you continue building wealth using my Niche2Wealth strategy and contemplate other avenues for building your portfolio:

Diversify

It’s perfectly fine to diversify. We go after pre-foreclosures primarily, but that’s not to say you can’t buy homes that will provide you cashflow for life, flip homes, or wholesale homes. It’s up to you. The thing is, with some types of investing, especially if you’re using your own cash, you’ll run into brick walls, and fairly quickly. If you’re using your money, you might eventually run out of money to invest. If you’re using the banks money, there may be a time when they think you’ve borrowed enough.

Go ahead and take advantage of other ways to finance a rental property, as diversity can be advantageous.  But if you want to really grow a solid foundation of wealth, you’ll want to really hone in on creative zero-down buying strategies like my Unlimited Funding Program.

Know Your Goals

What’s your short and long-term objective? What is it that you want and need? If you can come to know what it is you’re seeking in the short and long run, you’ll be better able to know what types of rental properties to go after.

For example, if you’re seeking short-term gains, you’ll want to focus on buying properties subject-to, or perhaps wholesaling. If you’re seeking long-term gains or passive income for the long-haul, you’ll be seeking a certain type of home perhaps at a particular price range. It’s all going to depend on your objective.

Carefully think about your approach to structuring a diversified long-term portfolio. Don’t be afraid to ask a seasoned investor questions if you’re not sure. Investing in multiple property types and markets can certainly help you generate wealth and success, as well as put you in position to ride the waves of any real estate down cycle. This will help you minimize any losses during those times, as well as reap large gains during favorable market times.