Inspirational goals

[Pete T.]

It is always good to set goals for you self to hold you accountable and a way to measure what you are doing.  A refresher of a Gay keller reminded me about a simple basic framework to measure where you are at with holds that I wanted to share.  The book goes into what you can do to be successful at each "level"  First is think a million, essentially the how and why, learning and crafting the plan to take action.  Next is buy a million.  Aquiring a million in properties could be one in some areas, a ton in others, and about dozen units where I was.  At this point you are likely family with real estate and will look forward to the challenges ahead.  The next logical spot is to own a million, simply equity in excess of 1m.  For some it may not happen or take forever, whether it is continued growth, money pulled out, are staying the course with what you have.  For others it might be a step to keep going.  The last level listed make a million.  While making a million a year cash flow sounds like an enormous step from 3 to 4, it might be a goal for someone.  While none of this aligns with what I look at now, it was good reminder to look at where I was at and think about adjustments.  What measuring sticks do you use?