My goal is to offer a win-win situation for the seller and buyer.

Thanks for reading my post and good luck on reaching your goals!!

What I haven't done, until tonight, is come up with goals: #1: Take my current nest egg of $XX,000 and turn it into $3k a month cash flow in 3 years. #2: Crush goal number one. 

Our 8 year goal is to both not have to work for the man no more and will do what it takes to achieve!!!!

I just attended a great not-related conference that really inspired my business goals.

Often this will be in lower class neighborhoods where that higher rent to value ratio compensates for higher tenant turn over and other related issues.There are places where you will only hit 1% or 0.8% but tenants are low maintenance, properties are in good repair and that kind of return still makes sense.Regardless of which rule you follow, you will still need to analyze the entire deal and determine if it really cash flows.If a property that fits the 0.8% rule cashflows $300 a month and another property that fits the 2% rule cashflows $50 a month, which would you prefer?

In order to keep the attainable 500k goal i need to keep the sq footage.... what would you guys do?  

My goals in real estate are to live a life that gives me the opportunity to live life on my own terms while helping others in need.

When I decide to set a goal, I am a big proponent of learning as much as possible before diving in.

However, what's your goal?