Blog

Let’s look at the Modern Dynamic Matrix, a customized real estate approach and strategy for you, whether you are just getting started or want to take your portfolio to the next level. The Modern Dynamic Matrix is not an array of numbers, symbols, or expressions arranged in rows and columns. Instead, it’s an array of the types of real estate investing you have available to you, as well as the levels in which you might want to participate in them. The Modern Dynamic Matrix applies to any level of an investor, regardless of his or her experience, preferred level of participation, and/or target market sectors. Therefore, irrespective of the place you are at in the process of real estate investing, this matrix is a ready-aim-fire approach.

The primary difference between the Modern Dynamic Matrix and your old way of thinking is found in the process of real estate. I talk in another article about bird-dogging, which, like a dog trained to retrieve birds, bird-dogging in real estate is being trained to find deals. Most people start bird-dogging deals to make smaller amounts of money, like $1K, $2K, or $5K. To that end, why wouldn’t you bird-dog for more significant deals that pay you $1K or $20K? Society seems to tell us that you have to star at the bottom and work your way up to bigger and better opportunities. But the truth is, you have a choice: you can come out of the gate with my dynamic approach.

I remember studying statics and dynamics at the New Jersey Institute of Technology. The first part of the course focused on statics, with various calculations on fixed objects. The second half dealt with dynamics, in which elements were moving, a much more fascinating subject. So, why would you want to be a static, fixed object? Why delay your success in real estate by taking an outdated liner approach? Why not employ a dynamic approach, using my proven strategies and results as a guide? Why not focus on a higher target, one that allows you to pass the competition and manage your real estate investments like an expert?

The Modern Dynamic Matrix can act as an overarching navigation system customized for your journey. The matrix acts as your road map and plan of attack, informing your decisions and investments. Picture a line graph, where the vertical axis represents the participation level of the investor in ascending order: Bird Dog, Wholesale, Fix and Flip, Buy and Hold, Renovation, Land Approval/Sale, New Building, and Expert. The horizontal axis represents the market sectors investors can pursue based on market cycles and personal preference: Residential, Commercial, Retail, Industrial, Special Projects, and Skyscrapers/Multi-Unit.

So, if you look at this as a matrix from where you see yourself now, where would you place a dot?

Are you a beginner or experienced in real estate, or possibly a bird-dog for multi-unit or a fix and flip who wants to get into multi-family? Perhaps you are trying to get in with the big players in commercial, land development, and special projects. Take a minute to consider where you are now or might be soon, and where you want to go. If you are a beginner, you may need recommendations to get started. That’s okay. No matter where you are in the process, you’re in a perfect place to advance.

For example, draw an imaginary line from the vertical to the horizontal axis. Let’s say you are in commercial and expert. Put a dot where they intersect. Think through each market sector and level of participation and see what you discover. The ideas should flow, and your vision and paradigm for investing may shift. You have nothing to lose, so I would give it a shot!

Depending on your experience and your investment goals, you can see how to create a real estate portfolio strategy that meets your comfort level while increasing flexibility and opportunity for you. For example, if you are a bird-dog looking for small residential deals, it might make sense to keep your eyes wide open and look for bigger deals and outside-the-box opportunities along the way. Or you may be a residential contractor not fully be utilizing your potential to buy multi-unit properties if you stay small and focus just on single-family deals. Or you may be an advanced investor who is across the matrix in all markets and active at all levels. The matrix may offer insight into a full-gear approach.

Using the Modern Dynamic Matrix, you, the investor, can develop experience-level acuity from day one. Traditional investors will lead you to believe that it could take five, ten, or even fifteen years to invest in anything but a fix-me-up. But that is not the case. You are only limited by your imagination, ability to choose a strategy that works for you, and then to implement it.

This is one of a series of articles based on my book, Modern Wealth Building Formula – How to Master Real Estate Investing. I have a passion for helping others secure their future. As the professionals say, “The best time to start is now!” Please follow me as I continue to give you insight and strategies for achieving your retirement dreams. We can do this together!