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Updated about 5 years ago,
Time To Be Held Accountable
Hello all,
2019 was a life changing year for me. I got engaged to the love of my life in May of 2019, and in July, I took a job to start a new business channel that promptly made us move from Hoboken, NJ to Atlanta, GA. Cannot say how much we are loving Atlanta!
I have for 4 years now told people I want to get involved with real estate. I have read some books Brandon has wrote, listened to podcasts, and webinars. I've been a pro member for a few years, but I've never taken action. Being true to myself, I've been lazy and scared. Scared not only of failure, but also success. What would life be like if I actually did accomplish my dreams?
2020 that will not be the case. I get married in October of this year, in which I will no longer just be supporting myself, I will have a family.
I turn to BiggerPockets, with this first post, because I want to set a precedent for my actions this year. I find this site extremely motivating, and helpful. Plus just like a team, you don't want to let others down, and if I don't say what I intend to do this year, I will feel like that.
Here are my goals that I am setting for myself - they are relatively simple, and easily achievable:
-Comment on 2 posts a day - reading them will help me build my knowledge
-Listen to 3 podcasts or webinars a week
-Analyze 1 deal a day - a real deep dive, try to figure out estimated rehab costs
-join the local REIA and BiggerPockets groups to network
Over the years I have not been able to consistently put it all together, so I forget things. I may not be able to buy a property in 2020 due to paying/planning for a wedding, and building up this channel for my actual job, while still getting acclimated to a whole new state. However, I feel this will lay down a solid foundation to put myself on the path to success. Who knows maybe after the wedding we might be able to buy a rental property.
My fiancé, is fully on board for this, and that is a huge win having her support. My plan is to buy and hold, ideally using the BRRRR method (bought the book). I would love to make my market be here in Georgia, Arkansas, or Alabama (I'm a huge Auburn fan). I need to learn how to identify strong rental markets, and I know this site will help in all aspects.
Thank you all for the wonderful help over the years, to continue to help me, and I hope to be able to contribute to this community as well in anyway I can.
Here's to the new roaring 20s!
-Jon Ferraiolo