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Updated over 4 years ago,
Unpopular Opinion: Goals should be grounded in REALITY
I’m tired of hearing you “why are thinking about a fourplex, why aren’t you shifting to thinking about a 100 unit complex??”
My wife and I just recently bought our first live in flip and renting our old house, with plans to be financially free through RE investing...in due time.
I am writing this post because I became so overwhelmed and tired with all the podcasts and gurus preaching....you aren’t thinking big enough bro!
No, no, I am, long term.
GOALS SHOULD BE GROUNDED IN REALITY. Short and mid range goals should consider your personal limits currently, should push you outside your comfort zone, and should be measured at a 50/50 chance you will be able to achieve them. ....if you’ve never done a RE deal and the gurus are saying you should buy a 100 unit complex!...that’s not reality.
Take your time, know your end financially free number, know it takes a lot more work than you will ever think, and don’t beat yourself up for thinking you should be pursuing the 100 unit complex. Star with the fourplex!