Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Starting Out
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 over 8 years ago on . Most recent reply

User Stats

1,434
Posts
677
Votes
Jason Malabute
  • Accountant
  • Los Angeles, CA
677
Votes |
1,434
Posts

Setting goals

Jason Malabute
  • Accountant
  • Los Angeles, CA
Posted
I just realized how important setting goals are in real estate. I have been listening to an audiobook and i learned that my goals must be as specific as possible. I am 27 years old. I have been telling myself that I want to buy a multi family home for several years. However, the fear of failure has stopped me from proceeding until my now: Here are my goals.: 1. By June decide if inglewood/Hawthorne is a good investment area or consider location 2. Determine how much monthly rental income I need to be financially free by June 20 3. Create projected financial statements showing projected NOI by end of July 4. Talk to realtor by September 5. Make offer by that is based on property's operating income by October or November 7. Purchase property before my bday How much more specific should my goals be? Thank you

Most Popular Reply

User Stats

374
Posts
120
Votes
Stone Teran
  • Investor
  • Cincinnati, OH
120
Votes |
374
Posts
Stone Teran
  • Investor
  • Cincinnati, OH
Replied

Maybe add one along the lines of "Save up and have $20k cash by June 30"

Loading replies...