Developer · Boston, MA · Member since 2017 · 125 posts · 137 votes
I am curious what people are thinking about for goals for 2019- are they financial? are they personal growth focused? are they multi-leveled? What are you doing to meet these goals to hold yourself accountable? How are you or do you keep track?
Rental Property Investor · Seattle, WA · Member since 2018 · 129 posts · 163 votes
7y
@Matthew Perry
I blew up my 2018 goal with just wanting 8 rental units. I’m now at 58 and cash flowing over 8K/month.
Next stop is 200 units by 12/30/2019 and cash flow 20000$/month while offering 50 of those as affordable housing to homeless veterans. Nice affordable class B, not slums.
Our brave military provides all of us freedom/security and thus REI opportunities to pursue our goals, but I’ve personally seen the cost our soldiers paid. Lost limbs, and sometimes minds and souls.
Least I could do is provide them a roof and some basic amenities and maybe even a pool.
All Over, USA · Member since 2017 · 689 posts · 756 votes
7y
Started in June 2016, with my target of buying one, headache free, Class A rental per year that cash flows (with minimal down payment). Learned it is a lot easier said than done finding these deals.
However, I was able to achieve it. My 3rd closes later this month. My rates currently range from 3.875% to 6.125%.
For 2019, will be the first year I finally size up into multi-family. Initial target is a 10+ unit building.
Rock Hill, SC · Member since 2015 · 1k+ posts · 597 votes
7y
@Mathew Perry
@mathew Perry
The first goal is always health and fitness. I have had 7 knee surgeries but I want to hit a full marathon. Second would expand the new construction side of things. Third most important is to help my wife. Who will be running for Chief or Assistant chief of her tribe? 4th to spend more time with family especially my parents. 5th Expand my garden and make it more functional. 5th to expand on my wife's non-profit kids running program or the kid's programs here on the reservation. 6th would be to add 5 more free and clear rentals. It's funny the older I get the simpler the goals become.
I am curious what people are thinking about for goals for 2019- are they financial? are they personal growth focused? are they multi-leveled? What are you doing to meet these goals to hold yourself accountable? How are you or do you keep track?
Rental Property Investor · Beaver County Pa. · Member since 2016 · 25 posts · 5 votes
7y
@Matthew Perry
My goals were just mentioned to my wife yesterday.
1. 10X (Grant Caedone) 🙂 my wholesaling, 5-10 RENTALS IN CLASS B AREAS
2. Hire a mentor or coach
3. Relocate
4. Hire A Team of likeminded Investors!!!
2019 push the gas pedal! (So to speak)
Rental Property Investor · Depends on where my employer sends me · Member since 2018 · 171 posts · 142 votes
7y
@Matthew Perry Great question. My goals for 2019 are to get my EMT B certification finish training as a federal agent for DSS (I start training on Nov 26), house hack at my first assigned field office, but an existing Assisted Living/Memory care facility, and purchase 4 out of state rental properties. I am currently a trying to start on my goals a couple months early as I am negotiating for 2 quadplexes in Montgomery, AL. After reading the 10X rule by Grant Cardone, I feel like these goals are slightly out of reach but will also keep me motivated and continuing these goals. I should state that I break my goals up into quarters (got that from the 12 week year) so I set a goal to accomplish in 12 week (but one rental property, EMTB, etc). It gives me great joy to read some of your goals. Let’s all meet up around this time again at the end of March and discuss how we have progressed and what we can do to be more effective in achieving our goals.
Wes
Rental Property Investor · Victoria, TX · Member since 2015 · 26 posts · 19 votes
7y
My goal would be 5 + commercial or more deals a year, and wholesale a residential property each month for the entire year. Also to aquire a few rental properties myself, and of course I have a few personal goals. To become more fit, and make it a priority, spend more time with family, and stop smoking.
Rental Property Investor · New Castle, DE · Member since 2016 · 376 posts · 158 votes
7y
In 2019, my personal goals are to be a more grounded person, spend more quality time with my kids, get more spiritually connected with my Lord and Savior, take more time to workout and travel! I just purchased my 1st buy and hold last month so I plan to pay down my car payment to reduce my DTI to afford another property in the next 1 - 2 years, then STACK ... STACK ... STACK!!! My financial increase is coming as the purchase of this property is just the beginning of something so very beautiful :)
Real Estate Broker · Cody, WY · Member since 2010 · 28k+ posts · 41k+ votes
7y
My primary goal is to open a branch office in a neighboring town and expand my property management business. I hope to have 100 doors under management by the end of 2019.
I also want to hire another employee in my main office so I can extract myself from the daily grind and focus on business development.
Finally, I really want to get going on my videos! I have thousands of ideas and no time to create them.
Rental Property Investor · Appleton, WI · Member since 2018 · 51 posts · 19 votes
7y
My personal Goals for 2019 are:
1. Finish renovating the current unit I am living in.
2. Flip sides of my duplex and continue the renovation process while AirBnB-ing my current unit. By doing so, I hope to increase cashflow and leverage the benefit/convenience of living next door to the STR.
3. Purchase an additional 2-4 Unit Property
4. Improve my networking by making more connections with fellow Bigger Pockets members, Real Estate Investors and contractors.
Rental Property Investor · South shore, MA · Member since 2017 · 1k+ posts · 1k+ votes
7y
You should try reading "The One Thing"
It really narrows these goals down like this:
Whats the one thing id like to achieve in 2019? Buy Another property
Whats the one thing I need to achieve this month, so I can achieve my 2019 goal? Find a bank who will refinance my duplex at 80% LTV.
Whats the one thing I need to achieve this week, so I can achieve this months goal, so I can achieve my 2019 goal? Get the duplex rented.
Whats the one thing I need to achieve today, so I can achieve this weeks goal, so I can achieve this months goal, so I can achieve my 2019 goal? Respond to every email inquiry, set up showings.
Investor · Asbury, NJ · Member since 2015 · 226 posts · 205 votes
7y
Professional goals: Purchase our first commercial or mixed-use property for long term buy and hold. Start renting out our vacation home.
Personal goals: Spend quality time with 14 year old daughter, exercise regularly, continue to personalize and enjoy the beautiful home we bought this year, spend time at vacation home (when we are not renting it out!), try not to rage quit my day job lol
My personal goal will be one of the most difficult to achieve. Slowing down and getting out of real estate investing.
Like many that have enough in life the drive to have more, or believe more is required, is an addiction.
One option, as you age, instead of having more is to give more. Giving is equally addictive and much more fulfilling. So no need to slow down, just shift focus.
Investor · Saint Louis, MO · Member since 2016 · 970 posts · 1k+ votes
7y
I would like to hit $1.5 million in annual rents by next year. (halfway there now) Cashflow at least 30k/month Run a sub 3:00 marathon/sub 1:15 half marathon win some triathlons
Gets some high powered bboy moves completed
finish three to four really cool cosplays upgrade my Gallardo to a huracan or a 458!
I would like to hit $1.5 million in annual rents by next year. (halfway there now) Cashflow at least 30k/month Run a sub 3:00 marathon/sub 1:15 half marathon win some triathlons
Gets some high powered bboy moves completed
finish three to four really cool cosplays upgrade my Gallardo to a huracan or a 458!
o I strayed pretty far from real estate lol..
Need to know more about this Gallardo -> Huracan. You selling the Gallardo?
Rental Property Investor · Upland, CA · Member since 2018 · 42 posts · 9 votes
7y
The first goal that comes to mind for me is completing my bachelors degree in the Fall of 2019. I’m currently enrolled and I need to take 2 or more classes at a time to finish by then. Another goal would be to complete training and certification for Project Management. I’m already a member of PMI which is the certifying official. I need to find a good time to dedicate to the training and exam between my school onligations.