What kind of ACTION have you been taking towards 2016 goals?

[Nick Doria]

While I love this website and all of the information that is on here I believe there is too many people that just talk about making that first step towards investing but never do. So lets share what we are doing to reach our goals and hold each other accountable to reaching our goals. 

I will share my goals for this year and my current progress. 

1.) Get my real estate license in illinois since I've only been able to rent apartments the last two years this will help significantly in increasing my income. 

Progress towards this goal: 

Passed the state exam on 2/8/16 and have already got a few people that I have been talking to for the last few months that i'm working with to help them find a condo to buy. 

2.) House hack a  4 plex, improve credit score to 700, triple my income from last year

Progress towards this goal:

Working on increasing my income from my career in real estate and also doing some credit repair this will help me more so for the upcoming years and help gain some credibility with lenders. Building relationships with lenders to allow me to have a better chance at getting a loan when the time comes and also to increase the chances for my clients as well. Looking into a partnership to see if it will be a good idea for both sides involved.

Those are my two major goals to make happen this year. I believe when you try to hit ten major goals in one year it tends to make you lose focus on all of them and none of them get accomplished. Work towards the two most important ones and then after you reach them go after the others. 

Would love to hear what others are doing to reach their goals as well and who know we may be able to share ideals in how we are working towards them if we share common goals.   

[Account Closed]

@Nick Doria,

I'm down.  

I assume you're only talking about real estate goals, so I will discuss only those.

(I'm progressing on goals in all areas of my life.  See 

http://miraclemorning.kajabi.com/sq/12270-tmmbookc... for a free kit (including the wheel of life) that will help you create goals for all major areas of your life.  (Not affiliated.  This is part of Hal Elrods book 'The Miracle Morning' which I recommend to anyone and everyone)).

So, on my real estate goals, I am doing a myriad of things.

First, for full disclosure, even though I have a deal under my belt, I consider myself a total newbie.  

I'm imminently closing on the sale of my first rehab (fix and flip).   I am actively looking for another house (or two, if I can swing it) to replace it.  (By actively, I mean between 5 and 10 houses per week).  

I'm also actively looking for rental properties, both SFR and multi-families, although I am really, really trying to find multi-families at the moment. I don't own any yet, but they're not going to hop into my lap.

I have put four purchase offers in during the last week on homes.

I'm also taking classes to become a real estate agent (7 hours a week contact, plus around 5-6 hours of outside-of-class study).  I'm 1/3 of the way through (actually have my first of three (class) tests this coming Monday).

To support my real estate habit, I actively listen to (of course) BP podcasts.  When I work out in the morning, I usually find a random one that strikes my fancy and listen to it (there are SO many).

I'm currently reading 'The Millionaire Real Estate Agent'.  I like the premise, but I don't think my passion is going to be in the real estate broker / agent arena.  The real money is in investing (plus, it sounds a LOT more exciting).  Consequently, I've ordered "The Millionaire Real Estate Investor.  I will finish reading the former before the latter arrives, mainly because I do intend on following the advice as closely as possible, whether or not I intend to make being an agent a full-time pursuit.

I love, love, love flippingjunkie.com.  I've listened to all of his podcasts and am trying to learn as much as I can from Danny.  He's a brilliant guy who's made a successful business.  He's about as extroverted as I am.  (If that guy can do it, so can I).

I also actively take the training on houseflippinghq.com (house flipping training).  I signed up last July or August and have been regularly taking training. 

The more I learn, the more I discover there is to know, as there's WAY more to flipping than "flipping knowledge".

In anticipation of me actively acquiring a rental (hopefully already occupied), I'm actively reading 'Landlording on Autopilot'.  I've downloaded and customized the forms and am actively trying to make a plan based on the activities outlined in the book.

I currently have partners in my flipping business, one of which takes the main role of determining WHAT to do (SOW) for the house.  I have zero construction / rehab knowledge or experience, so I've read both of J. Scotts books and have also gone through the Real Estate Rehab Investing Bible.  These gave me a good introduction and game plan for allowing me to either make my own statement of work or know what the heck a contractor is giving me when I look at their statement of work.

To that end, I also ordered the 'National Repair & Remodeling Estimator 2016 (National Repair and Remodeling Estimator) (National Repair & Remodeling Estimator (W/CD))'.  (This isn't a book to "read".  It will be used as a resource when I create my first real-life statement of work, which is imminent).

I'm actively attending my local REIA meetings. The networking value is huge at these things.

I'm also working with an accountability partner that happens to be in real estate (an investor, agent and property manager).  This individual helps hold me accountable to the action items I've listed to perform the goals I've outlined for myself (I work quickly and take massive action, so I've outlined goals taking me only into the end of the first quarter of this year).

I'm constantly on YouTube looking at different videos on a myriad of topics concerning flipping, financing and real estate in general (usually this is a last resort /exhaustion type of thing.  I get on YouTube and view videos when I'm tired of everything else and want to fool myself into thinking I'm doing something productive.  I've actually gotten some significantly good knowledge on there periodically, so it positively reinforces that habit).

I think that's it.  It seems like a lot, and it probably is, but it's all pieces to the bigger puzzle.  I'm a huge action-taker.  Most people are not.  I'll be following this thread in anticipation.

(P.S.  I wake at 4:20 every morning.  I exercise.  I drink a gallon of spring water daily.  I eat coconut oil for energy.  I follow the six principles outlined in 'The Miracle Morning' (Silence, Affirmations, Visualization, Exercise, Reading and Writing).  I don't watch TV.  If people look at my list and wonder the "how", that's how.  I think most people are wasting their life and they don't even know it.  I've never met anybody (in real life) that lives life on purpose.  I'm constantly on the prowl for this type of person.)