2022 Real Estate Goals

[Wesley Mullen]

I've seen/heard that putting goals out for all to see can help them come to fruition more often than those that are kept secret. I suppose one reason that many people don't like to put their goals out there is fear or embarrassment of being seen as a failure if they don't achieve them. Regardless, I wanted to post my REI goals for 2022 and hopefully see what other people's goals are for the year so we can provide check-ins throughout the year to see how we are progressing towards them!

We (my brother & sister-in-law) currently purchased out first investment property last year, much sooner (early 2021) than we had expected. With that, my goal is to acquire *at least* two additional units in 2022 - whether it SFR or ideally a duplex or triplex even. The current steps I'm taking towards this goal is that I've went on the county assessor's page and located 50 absentee owners and am currently in the process of sending out direct mail letters to them. Once I get them mailed, I'm going to focus on locating 50 additional. A bonus is that even if I'm not successful on the first go-around, I'll have the addresses saved to send follow-up letters down the road. Hopefully with some luck, we'll be able to reach the two-unit goal this year!

What are your REI goals for 2022?