Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Goals, Business Plans & Entities
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 12 years ago on . Most recent reply

User Stats

155
Posts
144
Votes
Jay Y.
  • Investor
  • Santa Clara , CA
144
Votes |
155
Posts

Goals for 2013

Jay Y.
  • Investor
  • Santa Clara , CA
Posted

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

Account Closed
  • Investor
  • San Jose, CA
3,331
Votes |
2,097
Posts
Account Closed
  • Investor
  • San Jose, CA
Replied

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.

Loading replies...