Starting Out
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated about 7 years ago,
2018 Goals- Keep Me Accountable BP Family
I have an OCD personality. In addition, sometimes the shiny object syndrome is very much in effect when I come across a new business idea or real estate strategy. But in 2017, I made a commitment to focus. I did relatively well. In 2018, I am telling myself that I have two income-based goals. That is it. Any business not related to these goals can wait. I owe it to myself and all those I associate with to be focused. These goals are trackable and measurable.
#1 $100,000 in net real estate sales income, 4.8 million in volume assuming a 70/30 Split with no cap.
* 12 deals avg $400,000/unit
* 16 deals avg $300,000/unit
* 20 deals avg $250,000/unit
#2 $80,000 in real estate development income
* 2 deals with $40k net profit each
* 3 deals with $27k net profit each
* 4 deals with $20k net profit each
If I hit my targets, in 2019- I will have a real estate investment goal as well. Time to start building long term assets for cashflow.
What are your trackable, measurable goals for 2018? Lets share and check in throughout next year, and keep each other accountable.