What is your goals for your RE company? Everyone Welcomed

Question

Hey guys,

This is a really intresting topic for me. I want to know what is the goals for your RE company or just RE in general? and Did you meet your goal or not? and how was it along the way, was it stressful? or was it fun like a game!

I know we all have something in comoon, lol =)

Steve K · Answer

My goal is true self employment. Although I've owned my own companies for the past ten years when you have customers you aren't truly self employed. I'd like to remove the customer from the equation.

Not quite sure exactly how this is going to be accomplished. Some of it will be through non performing notes, some will be flips, and i'd like to add some more rentals to the mix.

Joel Owens · Answer

For me focus on sales with my commercial clients for my highest ROI.

My BHAG (big hairy audacious goal) for this year is to hit 1,000,000 in income.

If I get half of that I will be happy.You never want to set the goal too low or you could have reached for more.It's better to push hard for something versus reaching an easy goal and slowing down afterwords.

I have a 20 unit but I might be selling it and then have 2 other closings plus an internet venture I am working on as well.

Might buy a distressed restaurant business or another real estate asset but the price has to be really good.Will wholesale a few properties in between my clients deals etc.

That's my basic game plan but have it more detailed than that.

McKellar Newsom · Answer

Curtis, I like your focus comment. What are you focusing on this year? 30 buy and holds?

What prompted you to say "focus"? Thanks. mck

David Wedemire · Answer

It's not just about the money. Okay maybe a little. It's also being smart and efficient with managing the RE Business then the money will flow. It's not a get rich scheme and it is still a job but the one I enjoy

John S. · Answer

$1B in Real Estate Interests Owned with ~30%Equity/70%Debt

Curtis Gabhart · Answer

Top 3 things to achieve my goals

1-know what I want - we are buying 30 properties this year (not wholesale) 2-focus 3-focus

Geoffrey Murphy · Answer

What would you say is the 3 most important things you need to do when it comes to meeting your goals?

Geoffrey Murphy · Answer

Steven,

Making more money and paying less taxes is always the way to go...Financial freedom is the name of the game! I need to learn how to set myself up with the tax filings and ect

What are different ways you are looking to expand your company?

Steven Hamilton II · Answer

Geoffrey,

My goal is to make as much money as possible and pay as few taxes as legally possible.

And I tend to be very good at hitting that goal.

What is your goals for your RE company? Everyone Welcomed

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