Real estate has always been a dynamic and evolving business. Especially in the changing economic times, when we must adapt and change the way we do business to create more opportunities. Finding a niche is not a new concept, but it certainly is an important one for getting the highest results possible for the best return on the investment. In today's competitive times, a real estate investor survival is based on becoming an expert in a particular real estate niche.1. Pick a Niche - The most successful investments are the ones you can relate to and be passionate about. Make a list of the things that interest you most, things you are passionate about or even an area or neighborhood that interests you.2. Think outside the box - In order to survive in this business, you have to be creative and come up with ideas and twists on an old way of doing business, which will give you the edge on the competition and make you an authority in the field. You have to gain the confidence and follow your gut feeling that if something feels right, go for it. Sooner or later you will find yourself on the front of a new way of doing business and an expert in your particular niche.3. If it was easy, anyone would do it - That is one of my favorite sayings. Real estate is not for everyone. It takes work, continuous education and perseverance. Pick a niche that works for you, develop a plan of action to consistently, repeatedly stay top-of-mind for that targeted prospect and win where it counts.Here are some of the most profitable real estate niches in today's market:Wholesale Flipping REOShort SalesBuy and HoldCommercial Real EstateNote Buying and SellingBulk REO Trading
