My 2020 Real Estate Investing Goals

[Pasquale Zingarella]

2019 was a year of initial action for myself as it pertains to my REI. Up until this year I've been saving money, viewing tons of properties, analyzing tons of deals, but finally was able to purchase my first buy and hold in 2019.

I've got this broken down into SMART goals, but I wanted to share my 2020 investing goals at a high level. I am big on accountability and having a support system:

-By EOY I will add at least 2 multifamily properties to my portfolio. I will live in 1 to house hack and will purchase another as a straight rental

-I will learn best practices on how to identify distressed properties and what the best marketing strategies are to turn those into deals. 

- I will learn automation and delegation best practices. I work full-time so I need to make sure my business can scale and will continue running while I am at my 8am-5pm job, until I am making enough passive income to invest in RE full-time. I need to make sure my time is focused on the right things.

I am very process oriented so my # 1 action item is finding a mentor to help develop a framework for goals 2 and 3. I am meeting with a local investor next week to start building a relationship and am eager to see what becomes of it. 

Wishing everyone a prosperous 2020!!!!

Pat

Fort Myers, Cape Coral, Lehigh, Naples, Florida