Purchasing too many of the same type of real estate investment properties or income properties is the same as eating spinach daily thinking you are doing a healthy thing.
Too much spinach may lead to kidney stones and too much of the same type of property could lead to economic demise.
This is totally not necessary since…
There are a host of wonderful choices in investment and income properties to choose from!
…as well as vegetables to eat.
Diversity Isn’t Just For New Commercial Real Estate Investors
Purchasing the same triple net property like dollar stores over and over again because the first couple seems to produce nice income and are doing well is bad judgment. If the dollar store industry as a whole gets threaten by a change in consumer purchasing habits or let’s say Walmart decides to compete with their version of the same thing, your entire strategy will get HURT!
Instead, purchase a totally different sector like restaurants or auto-related stores.
You can also choose warehouses or apartments as alternative choices. This is easily achieved today thru alternative strategies and requires learning and reading offerings that help the investor have a wide variety of choices.
Find Someone Who Understands Which Sectors To Consider When Diversifying
This is why it is essential to hook up with the proper advisor in real estate investment properties or income properties that know and understand how to direct you to diversify into the sectors.
Balance in life is the key to health and happiness.
Too much of the same thing leads to HARM. Example playing tennis daily can lead to joint problems or computer games to wrist or eye issues.
Same for real estate investing and since you have at your beckon call a company like Westwood Net Lease Advisors that is aware of all aspects of investments simply ask for our opinion once you give your goals and long-term strategy that you have thought about.
We may agree or tell you why you may consider other avenues.Tags: commercial real estate investors, diversification, income properties, real estate investment properties, triple net property, Westwood Net Lease Advisors