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 

See this reply in the discussion

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

    @Dalton Dellinger Congrats on celebrating your first anniversary! I love that you have a profit goal on the flips. That will push you to be even better on each on of them and not just get it done but get it done effectively. The relationship piece is critical as well. Have to plant those seeds to let the grow. Best of luck on all these awesome goals!

  • Rental Property Investor · Las Vegas, NV · Member since 2017 · 7 posts · 2 votes
    6y

    1. Buy my first rental property as I finally have enough money saved for once in my life.

    2. Spend more time with my family and strengthen bonds.

    3. Eat healthier and start working out routinely.

    4. Visit and see my roots in Spain.

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

    @Brandon Richey I think narrowing the goals can be extremely effective! Good luck with the sale and transition. I know that can be a long and tough process. I love the average net profit. It forces you to be better than just going throw the motions on the sale. Your brain will search for ways to be more effective as you do it. Best of luck with all the goals!

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

    @Veronica DeSalvo I think having access can help, but there are a lot of websites out there that can give you access without having to pay the fee. I would recommend doing some research on some of the tops producers in your area you are looking and then reaching out to them to see if they work with investors and/or invest themselves. If they check those boxes then I would send them the criteria you are looking for and they can set you up on a search for it and keep and eye out for you. Other tip is that if they do find something that meets everything you have said don't get cold feet. The quickest way to get a good agent to stop helping you is to not pull the trigger once they have done they leg work to find you what you are looking for.

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

    @Steven Taylor That is awesome! That is great way to get into real estate. I house hacked my first and it allowed me to learn a lot with very little money down. Best of luck!

  • Rental Property Investor · NJ and PA · Member since 2019 · 206 posts · 105 votes
    6y

    @Jon Hill I'm looking at single and duplex. I live in NJ, so I'll focus on this area first (and do long distance after I get my feet wet). Eastern PA (Lehigh Valley) looks good. BTW, I'd love to have Core Four recommendations in eastern PA!

  • Real Estate Agent · Louisville, KY · Member since 2017 · 1k+ posts · 1k+ votes
    6y

    I’m adding 45 more doors and selling 129 more properties in 2020!

  • Rental Property Investor · NJ and PA · Member since 2019 · 206 posts · 105 votes
    6y

    BTW, @Jon Hill... Sounds like your goals are similar to mine. Anything I can do to help you?

  • Rental Property Investor · San Diego, CA · Member since 2018 · 242 posts · 234 votes
    6y

    @Jon Hill

    1 Buy 220 units in 2020 @ 85

    2 Make $500k+ income @ 300k

    3 Exceed 15k month passive , @ 10k

    4 Drop 10 lbs fat gain 20 lbs muscle

    5 increase net wealth 1m+. Did this is 2019

  • Rental Property Investor · Shakopee, MN · Member since 2015 · 985 posts · 374 votes
    6y

    Buy 2 properties in 2020.

    Planting over 300 fruit plants.

  • Real Estate Agent · Houston, TX · Member since 2019 · 16 posts · 6 votes
    6y
    Originally posted by @Jon Hill:

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

    I am half way through. Should be done with that state test by or before June. 

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

    @Beth Liesenfeld Yes, I actually think that happens more times than not with books. They talk a lot about theories or ideas on not how to actually make a difference. Will definitely let you know.

    That is awesome with all the things you have already delegated. I agree with you on the systems which allow you to delegate. The best part about systems is that once you have them in place you can teach anyone how to do it.

    I am also looking forward to staying in touch!

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

    @Paddy Krishna Congrats one the first post and welcome! This is a great space to learn and ask questions. Love the goal! Do you have any specific plans or ideas on how to achieve it?

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

    @Jackie Comitino Hope all goes well with the move. Those can be very stressful! Love the goals and that you aren't forcing the property purchase until you get the gf on board. That is critical to ensure you have the support you need when things go wrong because they will always go wrong at some point in real estate. Best of luck with achieving them!

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

    @Account Closed Do you mind messaging me the instagram? I love learning more about leadership. Something we can always get better and need more of!  Best of luck with all the goals!

  • Jordan MoorheadBusiness Member
    Real Estate Agent · Austin, TX · Member since 2015 · 5k+ posts · 3k+ votes
    6y

    1. Buy a 50 unit in Texas or KY

    2. Sell 40 homes

    3. Buy a MHP

  • Member since 2016 · 29 posts · 14 votes
    6y
    Originally posted by @Jon Hill:

    @Alison Lee That is awesome! I am sure you will find the right property. Best of luck on Tuesday I hope it makes sense

    Thank you, John! Hope you reach your goals!!

  • Specialist · Trussville, AL · Member since 2017 · 7 posts · 2 votes
    6y

    @Jon Hill 2020 Business goals

    1. Stay self employed

    2. Implement creative financing options for clients

    3. Shift Sell Now Alabama direction and Create marketplace to sell and buy properties in Alabama specific for off market properties.

    4. Start monthly MeetNgreet speaking events in Trussville

    5. Create course and help 100 people assign their first contract

    6. Bring Wife home from Dayjob

  • Rental Property Investor · Westminster, MD · Member since 2014 · 165 posts · 221 votes
    6y

    #1 Purchase 4 properties. Duplex-Quads

    #2 Two weeks in Europe with wife.

    #3 Start reaching out to investors to expand business.

    #4 Get my morning routine down

  • Realtor · Philadelphia, PA · Member since 2009 · 107 posts · 69 votes
    6y

    @Jon Hill

    Wow! I truly commend you and I showed my future fiance #5, she said 2 for me, lol.

    For me I am focusing on 3 and taking care of these goals by March, then going after three next goals; apply to 3 law schools, create social media campaign for my brothers extermination services and hire on two more virtual assistants.

    Cheers to all of us on this journey!

  • Tucson, AZ · Member since 2018 · 10 posts · 13 votes
    6y

    @Dennis M. Love it. Set your sights high.

  • Investor · USA · Member since 2015 · 325 posts · 447 votes
    6y

    @Jon Hill

    Goal #1: Head Wrestling Coach at local middle school. My application is pending school board approval

    Goal #2: Improve processes within wrestling club as far as gear, travel, advertising, coaching, ect.

    Goal #3: Leverage contractors and start to train my replacements. Pretty much acknowledged that I can do better work but am only one man.

    Goal #4: Five state participants as freshman at the high school level from club in 2024.

    I know that this is an investing website but after FI you gotta focus on the stuff you love, aka wrestling.

  • Rental Property Investor · Atlanta, GA · Member since 2019 · 82 posts · 68 votes
    6y

    @Ana M. Let's connect! I will be using the fha 203k myself to purchase a duplex or quad. I've done a substantial amount of research but would love to chat with you about what you've learned. Maybe one of us can help the other avoid unnecessary challenges.

  • Rental Property Investor · Atlanta, GA · Member since 2019 · 82 posts · 68 votes
    6y

    @Jon Hill What a great post! I love seeing goals from so many investors at varying stages of their career. It's very inspiring.

    I'm currently working full time but looking to follow the FIRE method to leave corporate America in 5 years or less. In 2020, I will be focusing on the following goals:

    1. Purchase duplex or quadplex to house hack and eliminate my personal housing expense.

    2. Eliminate all debt, except mortgages (which will all be income producing).

    3. Subsequently, increase saving rate to at least 50% by reducing unnecessary spending.

    4. Workout at least 3x week consistently, even when traveling (which I do a lot for work).

    5. Cook food at home 90% of the time.

    6. Attend at least 1 REI Meetup per month to grow my local network and follow up on those connections.

  • Flipper/Rehabber · Las Vegas, NV · Member since 2019 · 11 posts · 3 votes
    6y

    @Jon Hill

    1. Read 24 books on sales

    2. Sell 1 property a month

    3. Have 10k members in my facebook group

    4. Graduate from college

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