My goals for 2020. What are yours?

My goals for 2020. What are yours?

Real Estate Agent · Firestone, CO · Member since 2018 · 124 posts · 115 votes

One the things I learned from BP that I love the most is the goal setting for the new year. My fiance and I started this last year and really enjoyed it, for not only personal goals but couple goals. So what is everyone's goals for the next year?

Mine are the following:

1. Read 52 books. I attempted this goal last year and really enjoyed it. I got to 30 which I was actually very happy with. It forced me to develop a skill and I learned a lot about different things in the process.

2. Purchase 2 more rental properties. I set the goal for last year to purchase one and was able to achieve this through a partnership. I want to use the stack method now and continue to grow my portfolio.

3. Run a marathon. I was able to run my first half last year, which was a big accomplish as I had never ran before. I signed up for a marathon, but did not train the way I need to so I did not attempted after receiving some advice that I could really injury myself. Very much looking forward to achieving this one.

4. Double my sales as an agent. This is similar to the stack method on the portfolio. I know that if I continue to increase my sales that it will allow me to other things like expand my portfolio.

5. Have at least one date a week with my fiance. We are in the early stages of wedding planning along with her starting a new career so we have every excuses as why to not make this happen. That is why this one is the most important to me. I must carve out time every week for her and make it my most important thing I do!

I can't wait to see what I learn as I pursue each of these goals! 2019 was a blast of a year and I can't wait to make 2020 even better. What is everyone else goals? Looking to learn a new skill? Add more properties to the portfolio? Or even just be more presence in every day?

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Rental Property Investor · Erie, PA · Member since 2018 · 6k+ posts · 9k+ votes
6y

Smoke an entire carton of Newport’s and  Suck down three bottles of mad dog booze in one sitting 


actually mine is figure out how to not be a landlord and become the bank instead 

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  • Real Estate Agent · Firestone, CO · Member since 2018 · 124 posts · 115 votes
    6y

    @Samuel Fletcher Hardy I love that you already have an area picked out for the purchase. That allows you to really look at deals and find a good one. Instead of thinking I have to buy anything and everything. What do you mean by finishing building the funnel for wholesaling? Awesome goals! Best of luck with them this year!

  • Real Estate Agent · Firestone, CO · Member since 2018 · 124 posts · 115 votes
    6y

    @John Hawkins jr These are awesome. Do you have an area or property type picked out for the rentals? I love the idea of the team piece too. Have to started building this? What does it look like in your mind? Also would love to hear your ideas on the additional income stream. Do you mean just more rentals or a separate income type? Best of luck with all of these. Can’t wait to hear about them!

  • Rental Property Investor · Fresno, CA · Member since 2017 · 109 posts · 48 votes
    6y

    @Jon Hill thanks for asking, Jon. My masters is in education (I’m a teacher). I’ve heard of the miracle morning - I think I need to read it. Thanks again for a great post!

  • Real Estate Agent · Firestone, CO · Member since 2018 · 124 posts · 115 votes
    6y

    @Andrey Y. These are big time goals. I love it! The word count for the language is huge. I have a lorn term goal of becoming fluent in Spanish but really didn’t know how to measure it. I plan implementing the word count piece because it is easy trackable and you see you getting closer to the goal. What are you using to learn? I like that you include travel for yourself. My fiancé and I went to Greece last September and loved it. I would highly recommend it. We went to Athens, Mykonos, and Santorini.

  • Investor · San Jose, CA · Member since 2018 · 14 posts · 11 votes
    6y

    My goals for 2020

    1. Flip 8 properties in San Antonio

    2. Acquire 2 buy and hold properties

    3. Start direct mail and other marketing strategies to get 2 leads per month

    4. Find a real estate mentor

    5. Weigh 195 pounds (currently 210)

    6. Grow in my faith

    7. Community service thru mentoring and training youth in technology

    8. Travel abroad 3 times

    9. Try something new every week

    10. Read 30 books

    11. Continue to grow in my relationships with daughter, family, girlfriend, and friends

  • Rental Property Investor · Scranton, PA · Member since 2019 · 7 posts · 12 votes
    6y
    Originally posted by @Jon Hill:

    @Veronica DeSalvo That is awesome goal. My fiancé and I actually got started that way. I think it really allows you to leverage smaller amount of money with the loan options while cutting down if not all of your housing expense and you get some hands on landlord experience. Do you guys have a property type and area picked out? 

    We live in North East Pennsylvania so something in our area. In terms of property type: a duplex, triplex or fourplex. We've started looking around mainly on public listings but are currently trying to figure out how to get access to The MLS. I know a few realtors in the area but just trying to decide the best approach!

  • Real Estate Agent · Houston, TX · Member since 2019 · 16 posts · 6 votes
    6y

    Hope all are ending this year in good health!

    My goals come 2020:

    1) Get my RE license

    2) Read 20 books

    3)Purchase my first multifamily property in the

    Fall

    Happy New Year to all! Have a safe one!

    Cheers!

  • Rental Property Investor · Florence · Member since 2019 · 62 posts · 25 votes
    6y

    @Jon Hill being from alabama originally I have bit of an advantage just by knowing the area and the people there so it's a little bit of a no brainer. And I am new to wholesaling, the reason to get into it is in order to find and get the best deals where I live I have to be just due to being such a highly competitive market. And alot of guys where I live wholesale but they call out the county Kitsap vs calling out the individual towns. I am building separately lists websites and letters go try to customize to the seller as much as I can. It's alot of upfront work but that combined with a few other things I am hoping will make me stand out as a more personable person trying to add value.

  • Member since 2019 · 2 posts · 2 votes
    6y

    @Jon Hill great goals!

  • Rental Property Investor · Livermore, CA · Member since 2019 · 77 posts · 23 votes
    6y

    @Jon Hill

    Hi Jon,

    This is my first post on bigger pockets though I’ve been watching their pod casts for over a year.

    My goals for 2020 are:

    Connect with new people in my area and how they are investing.

    Purchase my first investment property...currently in the works.

    Start an LLC and make a plan for my future of increase passive income by $1000 every two years.

  • Contractor · Warren, OH · Member since 2015 · 147 posts · 55 votes
    6y

    @Jon Hill

    I’ve been doing a lot of listening to books. I have an hour drive to and from work every morning so I put it on 1.5 speed and I can really make some progress.

    As far as the $100 per month I have been thinking about starting a small company of some sort. Right now I have been looking into starting a supplement company focusing on small batch high quality protein powders and pre work outs with a military theme but not really sure so I’m just seeing where 2020 takes me and I’ll figure it out as I go.

  • Winchester, TN (37398) · Member since 2019 · 9 posts · 8 votes
    6y

    @Jon Hill

    1. Not to smoke cigarettes, such a disgusting and nasty habit I formed, while in the military. But thankfully i can still run a 6 min mile, perks of being young I guess haha. No one wants to do business with an ashtray is everyone tells me.

    2. To read 40 books revolving around Real Estate, Taxes, Debt and insurance and also investing.

    3. No medical advice just my opinions I am not a certified medical professional

    Get back in the gym and become my 20 year old self again. Weighed 185 lbs currently 200 lbs and was able to bench 315lbs Deadlift and squat which i kept the same weight of 600 lbs. Use to be a certified fitness trainer and my opinion, and what I have learned from studying and personal experience that Deadlifts, and squats should be kept in the same rep range and weight to minimize muscle imbalances and reduce the risk of blowing your knees out and lower back.

    4. To have my Real Estate License and invest every ounce of me and my life into Real estate. Totally live it, just be engrossed by it like a vine bush covering a wall. I want to eat, breath, sleep Real estate I am 25 years old and I have no excuse’s on why I can’t or shouldn’t thrust myself out into the real world and not some factory. I served in the Army, but I have been scared like a coward to change the direction and path I have been on, which is not like me at all. I have way to much ambition and drive and such big goals and dreams to be confined to the same job every night, doing a mundane redundant task 1000 times a night working 84 hours a week to bring in a measly $1000 or so $$ home. When i can take 84 hours a week an apply them towards being a Real estate agent acquiring as much knowledge and hopefully unlock financial freedom not just for me but my family and friends etc when i start investing.

    5. Hopefully meet someone who would be kind enough to mentor a young man as myself. Though if I do achieve my dreams and goals I will take what i know and learned and pass it down in an honest and respectful manner as we all should live amongst each other.

  • Member since 2016 · 29 posts · 14 votes
    6y

    Mine is to invest 200k in cash and not fvck it up!!! Most people here want other people's money, I've got my own money, just need to invest it correctly. 

    Going to see a very small mobile home court on Tuesday. It cash flows like a money tree..we'll see.

  • New to Real Estate · Charlotte, NC · Member since 2019 · 73 posts · 46 votes
    6y

    @Jon Hill I really want to find my first investment property. I want to so my first flip, and complete 4 by the end of 2020.

  • New to Real Estate · Charlotte, NC · Member since 2019 · 73 posts · 46 votes
    6y

    @Jon Hill this is actually really great. I'm about to sit down and truly define my goals and give myself a timeline.

  • Rental Property Investor · East Wenatchee, WA · Member since 2014 · 10k+ posts · 16k+ votes
    6y

    Operate effectively my first group living type home I'll repurpose from a big 6/3. 

    Sell at least one long time apt building and exchange into a new asset type altogether like warehouse, industrial and repurpose into something cool.

    Figure out a new purpose for a couple used to be grocery stores like a trampoline park or something, then buy those white elephants cheaply.

    Nap more, work less.  Good discussion 👍

  • Rental Property Investor · Central, FL · Member since 2016 · 950 posts · 821 votes
    6y

    @Alison Lee Nice goals I’m going MHP park route this year as well  

    @Jon Hill 

    business goals

    1. Close on first MHP in next 90 days  

         1a.  After closing on the first one go out and do it again  

    2. Continue the search for Small commercial multi family properties. 

    3. Reach out to  one person per month to get a group of private money to expand faster. 

    4. W2 job, make an additional 125,000 this year. (No I’m not in sales). Already on track once the new year happens. 

    Personal

    1. Spend quality time with my children.  Doing a one on one activity with them once a month.  

    2. Complete 500,000 steps this year, average roughly 14,000 a day.

    3. Lose an additional 40 lbs before June 1st.  

    4.  Do a weekly date with my spouse that is meaningful and not just eating food together. 

    5. Close on my new personal home. 

    6.  Have zero CC debt by March 1. 




  • Real Estate Agent · Firestone, CO · Member since 2018 · 124 posts · 115 votes
    6y

    @Nathan Shankles That is awesome! Miracle morning has been a big game changer for me. I would highly recommend it. Of course. I love seeing everyone's awesome goals and pursuing a better life!

  • Real Estate Agent · Firestone, CO · Member since 2018 · 124 posts · 115 votes
    6y

    @Benedict A Hubbert You have some awesome goals! I love the building the relationships and trying something new every week. Any ideas on some of the things you are planning on trying for the first couple of weeks? What are you plans to find a mentor? I am in the process of trying to do this and would love to hear some of your ideas. Best of luck with these goals and I can't wait to hear how you do!

  • Real Estate Agent · Firestone, CO · Member since 2018 · 124 posts · 115 votes
    6y

    @Veronica DeSalvo That is awesome you have a target in mind. What is the reason you want access to the MLS? If you can find the right agent it can make all the difference especially if they invest themselves and have similar strategies to the one you are using.

  • Real Estate Agent · Firestone, CO · Member since 2018 · 124 posts · 115 votes
    6y

    @Jamie Pagay Love you goals. Have you started studying for your RE test? Best of luck with these goals!

  • Real Estate Agent · Firestone, CO · Member since 2018 · 124 posts · 115 votes
    6y

    @Samuel Fletcher Hardy That is awesome! I wish you the best luck with that. It sounds like a lot of work, but once you get your plan in place it will pay off!

  • Real Estate Agent · Firestone, CO · Member since 2018 · 124 posts · 115 votes
    6y

    @Orlando Bryant Thanks! Do you have any goals planned for the new year?

  • Real Estate Agent · Firestone, CO · Member since 2018 · 124 posts · 115 votes
    6y

    @Jaren Barnes Congrats on your first post and welcome! Love the goals. What is the strategy you are using for the first property? The income one is awesome! Best of luck with these!

  • Real Estate Agent · Firestone, CO · Member since 2018 · 124 posts · 115 votes
    6y

    @Robert Arquilla Yes, that is the only way I can stay on track for my goal. I do the same with the 1.5 speed. It was really uncomfortable at first, but I got use to it over time. Sounds like you got a pretty good idea in mind with the supplements. Makes me think of the 4 hour work week model. Best of luck with it!

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