01.01.14 Real Estate Goals for 2014
Another year of maintaining and improving the empire instead of growing it.
My specific goals this year:
- More visits to properties, perform 8-12 maintenance inspections, and be more proactive to reduce move outs or at least expensive move outs. Success is hitting 10 CAP instead of 9.5-9.7.
- Get to at least 500 forum posts. I read a lot of landlording posts on BP but often don't take the time to jump in. I should be able to average at least a post a day.
- Explore seller financing to be better versed in my favorite potential exit strategy.
- Read at least 8 real estate or business books, pulling from suggestions on BP. Rich Dad Poor Dad, 4 Hour Workweek, Section 8 Bible and many more are under my belt, but would like to read more to round out my education.
- Take time to dream about and research what might be next after empty nesting - different location, different strategy, different level of real estate involvement, perhaps.
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