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Updated about 14 years ago on . Most recent reply

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Jon Klaus
  • Developer
  • Garland, TX
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How did you do on your 2010 goals?

Jon Klaus
  • Developer
  • Garland, TX
Posted

Yeah, it might be more fun to look ahead to 2011, and you should. But how have you done with your 2010 goals?

Did you meet them? Exceed them? Fall short? Why?

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Jon Klaus
  • Developer
  • Garland, TX
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Jon Klaus
  • Developer
  • Garland, TX
Replied

My most measurable goal was to add $10K in new monthly rental income in 2010. I fell short and added $5750/mo. The main reason I fell short is that I didn't buy nearly as many properties in 2010 as I planned to. I thought I'd keep up 2009's pace, but that didn't happen because I began to rethink my buying strategy. I also didn't aggressively pursue new funding.

I did achieve a longer term goal late in the year in buying a ranch. We are moving in now. This helps soften the failure of not meeting the $10K/mo goal.

Still thinking about 2011.

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