1 year challenge create $1,000,000 worth of value in one year

[Adam Gerig]

I've been inspired!! Saw someone's 90 day challenge and I've had a note on my dry erase board for the last 3 months when I created my goals for the year of accumulating $1,000,000 worth of property in 2014. At the end of the first quarter I am sitting at $109,500 in buying 4 properties either outright or on contract.

My goal leaves $890,500 worth of value to be created in the next 9 months. I think I can do it i've just got to keep my momentum going.

*Side note* How I am "valuing" these properties is the 50% rule with a little wiggle room so I'm being very conservative as far as what I'm saying the "true value" of these properties are. For instance I've got $10k spread on 3 of the 4 versus what I paid and what they are worth and the 4th one I am buying on contract and have about $10k spread at end of 18 month note.

It really does help to have people holding you accountable saying what have you done, what are you doing to keep the momentum going, etc. If you guys want details or advice on what I'm doing I would be more than willing to share. We are all in ocean I'm just using a different boat!!