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Updated almost 7 years ago,
Financial goal or targe number
How high is too high?
that's the beauty of Investing, you are creating your own numbers and there is no limit on the amount that you can grow to and help others do the same.
I recently had a few clients who were curious on the investing side of the spectrum, and they were wondering " How high is too high of a target to set?"
I let them know that these are your own personal goals, there is no cheating and copying others goals, unless their numbers seem realistic.
It's up to the individual and what they want out of this real estate investing.
Remember people your goals can change, just because you set your target high or too low, as you progress, this can change, nothing is set in stone.
for myself we set our target low at first but that was 2 years ago and since then our path has changed and our target is now heading in another direction.
but no fear, we just keep pushing on to get more deals and looking to do larger deals with a JV or limited partners. details to follow.
eg. years ago i had a target of owning $10,000,000 worth of real estate, and hoped it cash flowed in the $7000/ month.
but changed the plan to now target for owning $100,000,000 worth of real estate and having a monthly cashflow of $15,000/ month minimum.
what are your targets in this world and are your targets too high?
lets start the discussion on how to help each other reach our goals, or the path we took to get there,