All Forum Posts by: Jason Hartman

I really like the old SMART goal acronym (see below) but it gets a little murky when it comes to real estate investing because of the multi-dimensional nature of our favorite asset class.

For example, many investors list goals in terms of the number of units they want to own but the problem is that that doesn't necessarily lead to an income or wealth goal because there are so many ways to finance or structure the deal and rent – to – value ratio (RV ratios) vary dramatically based on geography and price range.

I think the best way to approach this is to set in overall portfolio value goal and an income goal related to that overall asset value while disregarding financing options, at least initially. This will help in keeping the goal clean and clear.

An example would be a $1 million portfolio that produces $10,000 per month in gross income. Something like this keeps it clean and simple so our mind isn't cluttered with the complexities of financing options.

• S – Specific
• M – Measurable
• A – Achievable
• R – Realistic
• T – Trackable/Time-based

We like the idea that this company caters/markets to investors; however, they denied one of our client's seemingly legit claims and it seems they trying to deny another one on a technicality. The second claim remains unresolved and time is passing fast - maybe they will pay it, not sure yet. Any claims denial or paying experience would be appreciated, thanks.