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Updated almost 12 years ago on . Most recent reply
Goals for 2013
I definitely want to make good progress this year. What can I say, I've been bit by the real estate bug and it's addicting! Here's what I'm planning to do to reach my goals (save downpayment for #3, maybe #4 if I'm lucky; I'm into long-term buy and hold):
-Save 70% of net income from JOB
-Stop investing in 401k
-Supplement savings with cash flow from property #1 and property #2
-Cash out of stock options, ESPP, and RSU's
-Sell old junk
-Research into out-of-state markets
-Network with other BP members
-Don't get too caught up with the future... also try to live in the moment and appreciate everyday. Lucky for me, I don't need to spend much to be happy :)
I'm going to try and focus on cash-flow, looking for $100k and under properties.
Thanks everyone for all the motivation/inspiration! I get too excited after reading the articles, listening to podcasts, and reading other success stories! Just more fuel to the fire...
Most Popular Reply
Hi Jay,
If it were me, I'd keep on contributing to my 401k just enough to get the match. Good luck with achieving your goals.