What are your goals for 2019?

Starting Out
7yFollow

What are your goals for 2019?

Brian Pawl
Investor · Chicago, IL · Member since 2014 · 68 posts · 47 votes

I know that accountability was one of the biggest factors for me being successful in real estate investing (or any business for that matter), and one way I was able to hold myself accountable was to announce my goals publicly on social media and/or to my friends and family. I think it would be cool if we posted our goals for 2019 below, and maybe then we make some connections that will be resources for us to help reach those goals, and also help hold us accountable.

I'll go first -

  • I want my current fix and flip property under contract by the end of February
  • I want to exceed the $100k mark in wholesaling profits by the end of the year
  • I want to sign on 10 new coaching clients in 2019

Now it's your turn. Leave a reply with your goals below and let's all kill it in 2019!

-Brian

12Reply
312 views

Most Popular Reply

Jay Helms
Rental Property Investor · Gulf Breeze, FL · Member since 2014 · 1k+ posts · 733 votes
7y

This year I'm taking a "break" from acquisitions and focusing on other REI entrepreneurial tasks. The air quotes because I will continue to look and strike if a deal is right, just not setting any goals right now. In fact i only have 2 goals for this year.

By year end 2019, I’ll have:

-100 active members in my REI mastermind group

-10k Members in my closed FB Group 

12Reply
See this reply in the discussion

138 Replies

Jump to latestLatest
  • Scott Morongell
    Investor · Charlotte, NC · Member since 2017 · 791 posts · 479 votes
    7y
    Originally posted by @Brian Pawl:
    Originally posted by @Scott Morongell:

    @Brian Pawl thanks for sharing your goals! Mine is to continue to grow my syndication business. Did 672 units along with partners and our investors in 2018. Look to do another 500-700 units in 2019. 

    Sounds like 2018 was a great year, but I'm going to challenge you to break through that 700 unit mark for 2019 :)

    Best of luck and let me know how it goes!

     Thanks Brian! I will do my best. I hold a high standard as we do bring investors into our deals. My biggest wins are sometimes not doing deals! 

    1Reply
  • Vinay C.
    Realtor · Los Angeles, CA · Member since 2016 · 100 posts · 38 votes
    7y
    Originally posted by @Scott Morongell:

    @Brian Pawl thanks for sharing your goals! Mine is to continue to grow my syndication business. Did 672 units along with partners and our investors in 2018. Look to do another 500-700 units in 2019. 

    @Scott Morongell That's fantastic. Would like to connect and hear about you got started if you don't mind sharing. Cheers

    0Reply
  • Cody Willmoth
    Flipper/Rehabber · Houston, TX · Member since 2019 · 8 posts · 21 votes
    7y

    @Brian Pawl

    My partner and I did a combined 67 wholesale deals last year. We’ve added some people to the team and going to double are marketing. Looking to assign 120 contracts this year! Very scalable business model once you get it figured out. Wish all the best, let’s crush 2019!!

    4Reply
  • Mac Sullivan
    VT & WI · Member since 2018 · 11 posts · 8 votes
    7y

    Hi all,

    I have been in the research phase for the past year and am ready to make 2019 the year I jump in.  My goals are as follows:

    1. Continue to network and grow contacts in my local market
    2. Attend local Meetups 
    3. Become a more active member of the BP community
    4. Buy 3 cash flow positive multi-family rentals.  

    This is the first time I have written down these goals and it feels awesome.  Thanks for starting this thread @Brian Pawl Now I just need to do the work to get them done!

    3Reply
  • Asury Johnson
    Rental Property Investor · Clarksville, TN · Member since 2017 · 73 posts · 99 votes
    7y
    1. Acquire our first MF 2. Sustematize our aggressive marketing strategies & CRM. 3. $30k cash flow 4. Connect with investors in a different markets 4.Travel to 3 different countries
    1Reply
  • Joseph Bramante
    Developer · Houston, TX · Member since 2017 · 161 posts · 134 votes
    7y

    @Brian Pawl it seems that way. I am careful not to count my chickens before they hatch though, but it sure is tempting. 

    All properties located in Houston or surrounding markets. 

    1Reply
  • Brandon SturgillBusiness Member
    Real Estate Broker · Columbus, OH · Member since 2013 · 3k+ posts · 1k+ votes
    7y

    Hey @Raven Armenta were you able to get your property leased-up?...what part of Ohio?

    937-979-7000
    Realize Multifamily Group11 Review
    View Page
    1Reply
  • Raven Armenta
    Lender · Los Angeles, CA · Member since 2018 · 14 posts · 11 votes
    7y
    Originally posted by @Brandon Sturgill:

    Hey @Raven Armenta were you able to get your property leased-up?...what part of Ohio?

     Yes I have the last 2 units to fill with 3 applications my pm is going through. So hoping to be 100% occupied by end of Jan, beginning of Feb. That multiunit is in Toledo, Ohio. & No I've never been there.... yet. lol

    0Reply
  • Thomas Weidner
    Whitehouse, TX · Member since 2017 · 159 posts · 61 votes
    7y

    @Brian Pawl

    Our goals are to close on our first almost brrr.

    Take down our first flip for capital.

    Then roll that capital into another full brrr.

    The almost brrr consists of our lender lending the purchase and rehab depending on our appraisal. We had the appraisal done as if the remodel was already done and hit our ARV number of 105k. Now we are on to title and hopefully close in a couple weeks. Then rehab and tenants by 4 months.

    2Reply
  • Kim H.
    Real Estate Broker · Dallas · Member since 2013 · 116 posts · 10 votes
    7y

    My goal is to find a new 6-12 unit multi family and maybe another SFR property. Haven't purchased any new investments in about 4 years because I just can't find anything with great returns.

    3Reply
  • Ryan Wamsat
    Member since 2018 · 72 posts · 46 votes
    7y

    @Brian Pawl

    Mine is simple:

    1. Get started.

    2. Take the realtors exam.

    2Reply
  • William Clark
    Member since 2018 · 18 posts · 3 votes
    7y

    My goal is to get my company structure created (appropriate LLCs) and then hit the ground running.  Before the end of the year, I would like to have expanded my investment company to the neighboring states of Illinois, Kentucky, Tennessee and Arkansas.  I would like to even go as far north as Pennsylvania since I'm from there and know the area (northwestern part to be exact), but time and market will dictate that journey.

    I know there will be responses against LLCs and some people say to just jump in, but this is my company policy and I'm more than ok with disagreements.  I've done enough research to know that this is how I want to start out.

    2Reply
  • Jeff LanghamBusiness Member
    Realtor · Carmel-By-The-Sea, CA · Member since 2016 · 54 posts · 25 votes
    7y

    @Raven Armenta - Thanks. It's going to be a great year.  Your goals are inspiring as well.  I've been wanting to connect with other MF investors. The closest I've come is to being a passive investor in a 256 unit complex in Beaumont, TX. 

    @Brian Pawl - I have read multiple articles on the pros and cons of investors having a license and decided that since I already had taken the RE courses needed to take the exam I might as well take the exam as it may potentially help out with a commission when purchasing my primary residence(s). 

    Jeff Langham, MBA, Realtor®518 Reviews
    WebsiteView Page
    2Reply
  • Cody Willmoth
    Flipper/Rehabber · Houston, TX · Member since 2019 · 8 posts · 21 votes
    7y
    Originally posted by @Jeff Langham:

    @Raven Armenta - Thanks. It's going to be a great year.  Your goals are inspiring as well.  I've been wanting to connect with other MF investors. The closest I've come is to being a passive investor in a 256 unit complex in Beaumont, TX. 

    @Brian Pawl - I have read multiple articles on the pros and cons of investors having a license and decided that since I already had taken the RE courses needed to take the exam I might as well take the exam as it may potentially help out with a commission when purchasing my primary residence(s). 

    This is why I got engaged to a realtor!!!! Lol

    1Reply
  • Account Closed
    Flipper/Rehabber · Pittsburgh, PA · Member since 2019 · 8 posts · 5 votes
    7y

    I currently a new investor and a full time restaurant franchise owner. I just closed on my first fix and flip property in November of 2018 and right now I’m 70% done with renovations.

    My goal for 2019 is 10 flips 10 rentals. I know it’s a huge goal for a first year investor. But I’ve went by the saying “shoot for the stars and at worse you’ll land on the moon” lol. I’m also hoping to connect with some experience ppl just for advice and ideas. I’ve been studying hard on the Brrr approach which I’m looking to do I’m not rental investment. I just still have a few questions if any experienced investors out there can DM me. Thanks guys. Cheers to 2019!!!

    3Reply
  • Mikhail Katz
    Rental Property Investor · Berkeley, CA · Member since 2018 · 30 posts · 18 votes
    7y

    For me real-estate related:

    1. Buy at least 2 multi-family properties with combined cash-flow $600+

    2. Go to meetups, learn more and network with other people

    1Reply
  • David Espinosa
    Hardin County, KY · Member since 2018 · 129 posts · 145 votes
    7y

    Well for 2019 i plan on buying first property, it will be a house hack with preferably a four-plex.  Meet a cpa to go over tax strategies.  Meet a lawyer to get solid paperwork and start the conversations of future entities.  Use savings from househack to build capital for future investments.  Learn as much about investing in realestate as possible.  Good luck everyone lets try to get 100% of goals meet on this thread!!

    2Reply
  • Robb Werner
    Flipper/Rehabber · Columbus, OH · Member since 2018 · 51 posts · 22 votes
    7y
    @Brian Pawl I'm currently living in my first "live and flip". My goal is to sell this one while finding another live and flip. I would also like to expand my network through meetups and biggerpockets. Good luck to you all in 2019!
    3Reply
  • Philip McCleary
    Rental Property Investor · Houston, TX · Member since 2018 · 44 posts · 31 votes
    7y

    My goal is to purchase and hold 12-14 single family properties. Also to grow my net cash flow to 100k per year.

    So far in January I have 4 homes under contract and making offers...

    3Reply
  • John Wilkins
    Rental Property Investor · Plainfield, IL · Member since 2018 · 5 posts · 5 votes
    7y

    @Philip McCleary

    I’m a newbie investor, my real estate goal is to acquire my first investment property by Dec 31st, 2019

    3Reply
  • Philip McCleary
    Rental Property Investor · Houston, TX · Member since 2018 · 44 posts · 31 votes
    7y

    That’s awesome John, we all had to start somewhere 

    1Reply
  • Steven McCutcheon
    Real Estate Agent · Freehold, NJ · Member since 2018 · 115 posts · 49 votes
    7y

    @Brian Pawl

    Wanna visit England to watch my favorite soccer team. Seen them play in Jersey before but would love to see a home game in west London!

    2Reply
  • Shiloh LundahlPro Member
    Rental Property Investor · Gilbert, AZ · Member since 2016 · 3k+ posts · 4k+ votes
    7y

    This year my real estate goals are about increasing cash flow and building networth.

    1. Build passive cash flow to 10k/month 

    2. Increase networth by 50%

    3. Sell house in Burbank with seller financing

    A couple of my non-real estate goals that go along with financial goals are to:

    1. Expand my financial coaching and leadership company to Costa Rica and travel back and forth regularly.

    2. Share a free app that gives people discounts at 70k plus merchants throughout the United States that also gives people rebates in crypto currency that they can use as currency immediately at any of the merchants. My goal is to get this app to 100,000 people.

    480-206-1209Podcast Guest on Show #287
    4Reply
  • Marni Bronson
    Charlotte, NC · Member since 2019 · 2 posts · 3 votes
    7y

    My goal is to gain knowledge while getting my feet wet with real estate investing at the same time. I  know i will make mistakes but I rather make mistakes while doing something versus doing nothing this way I can learn from them and grow.

    3Reply
  • Mike Taravella
    Rental Property Investor · Knoxville, TN · Member since 2017 · 160 posts · 107 votes
    7y

    Hello Everyone,

    My goal for 2019 is to close my first apartment syndication and to launch a podcast to document my journey and to interview real estate professionals and investors who have done it before me.

    Hope everyone crushes it in 2019!

    1Reply
Join the conversationCreate a free account to reply, vote on answers and follow this thread.
Log InJoin for Free