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Updated about 15 years ago,
Complete the following – 2010 will be the year I ….
When I talk to new investors they most frequently are either stuck in the I want to buy cash flow properties or the mind set of I have no money and thus must wholesale or worse yet can’t get started. I frequently stop them mid sentence and simply ask them to write down a specific goal because without a goal we can’t really get started because I don’t know where they want to go.
Here is my answer
2010 will be the year I buy 10 additional cash flow properties with cash on cash return in excess of 20%. I will grow my network of real estate contacts by at least 20 in my chosen market. I will continue to look for SFH and duplex’s but I will not be afraid to look at larger deals should the return be available. 2010 will be the best time to buy properties for the buy and hold investor.