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QOTW: Do you have a BHAG (Big, Hairy, Audacious Goal)?
Welcome to our question of the week! We are talking about goal setting, because that can apply to any point in your journey as an investor. At BiggerPockets, you may have heard the mention of a BHAG (big, hairy, audacious goal) as something that seems almost unattainable, but still very possible. It has a deadline and objective that is measurable. Some people choose to measure it around a number of units, cashflow, networth, or some other factor. The important point is that it is something that you value as a goal to keep you on track.
What is you BHAG? Have you made a BHAG in the past? How did you do? What factors helped you decide on your goal?
I want to encourage everyone to connect with other investors that have a similar goal or may be in a similar point in their investor journey. Having someone or several someones to help you be accountable for your goals can be a very important step to getting those goals accomplished.
Let's get talking!
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I just got out of work release jail and I've been studying this investor thing for the past year. My goal is to analyze 10 properties a day for the next 10 days to understand my market a bit better, find a single family house that will work for a house hack, make offers and close on a deal by the end of the year. I have plans to go to some meetups and meet folks in the Atlanta area. I wish everybody luck with their BHAG!!