I want to hear your goals
70 Replies
Joshua Little
New to Real Estate from Vestal, NY
replied about 1 year ago
@Joshua Little Sorry I didnt intend that taking up so much space on the thread.
Cameron McNulty
from Minneapolis, MN
replied about 1 year ago
@Joshua Little Welcome Josh! Welcome to BP, and I'm honored to be your first post! That's a great goal you have set out, how do you plan on accomplishing these goals?
Joshua Little
New to Real Estate from Vestal, NY
replied about 1 year ago
Thanks so much, @Cameron McNulty I'm pumped to be here and can't wait to grow. Well, long story short. By the end of this year, my wife and I will have eliminated (FINALLY!) around $60,000 worth of debt we buried ourselves in, from our past uneducated years. Once that's done, we'll be living within our budget from my wife's salary freeing up 100% of my business's profits which are projected to bring in between $40-50,000 in gross profit next year which I plan to use as my initial down payments to invest. I'll leave it at that because I could go on and on.
Gary Kline
Attorney from Binghamton, NY
replied about 1 year ago
@Joshua Little feel free to pick my brain if you like. Regards....
Brad Jacobson
Realtor from Ogden, UT
replied about 1 year ago
My wife and I have two main goals that are appropriate for newer investors like ourselves! One day we hope to be in a spot like all the other amazing investors in this thread.
1. Cut living expenses to <$2,400/month (we just went under contract for a house hack we think will get us there! Currently we’re at $2,900/month)
2. Acquire three additional rentals this year (by buying a different house hack we actually get two, one with the new property and the home we live in now will also become a rental. Just one more to go and it’s only Feb.!)
Hope these help define additional goals! Looking forward to hearing more on this :)
Brad Jacobson
Realtor from Ogden, UT
replied about 1 year ago
@Monica Breckenridge are you using the cashflow of the properties to pay down the mortgages? How have you so successfully broken out of the debt on the rentals??
Joshua Little
New to Real Estate from Vestal, NY
replied about 1 year ago
@Gary Kline I will certainly be doing so. I'm keeping an eye out for the next REA meeting and hope yo be able to attend.
Brad Jacobson
Realtor from Ogden, UT
replied about 1 year ago
@Joshua Little beast mode!!! Can’t wait to hear where you’re at in a year or two!!
Gary Kline
Attorney from Binghamton, NY
replied about 1 year ago
@Joshua Little I was there on Wed.
Joshua Little
New to Real Estate from Vestal, NY
replied about 1 year ago
@Gary Kline Oh, I never saw the meeting scheduled on FB. I'll get in touch with Chris Stanis so I'm better in the loop!
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