Have you accomplished your investment objectives for this year?

Question

Whether you're aiming to expand significantly or just add a couple more, it's always exciting to consider new opportunities. Diversifying your portfolio can provide stability and growth potential, especially if you explore different types of properties or geographic locations. Remember to conduct thorough research and consider market trends to make informed decisions. Investing is not just about increasing numbers; it's about strategically building a future that aligns with your financial goals and lifestyle.

How many properties are you closing in your portfolio this year? Have you achieved your goals for the year?

Nathan Gesner · Answer

Growing a portfolio by X doors per year isn't always a good strategy. Some grow too fast and discover they've built a full-time job for themselves.

Growth can also include improving cash flow, increasing property value, or optimizing operations. I see so many landlords lowing money through rookie mistakes, yet they continue looking for more doors. They could make more money by optimizing their operation and stopping the bleeding.

Have you accomplished your investment objectives for this year?

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