It's important to set goals in life and in your real estate investment career. If you don't have goals you could become lazy and unproductive. Achieving your goals gives you a boost of confidence as well as the physical benefits you receive from accomplishing what you set out to do. So, how do you meet your real estate investment goals in 2017?
Set Attainable Goals
While it's important to have goals that push you to focus, work harder, and take some calculated risks, it's also important to make sure you don't set yourself up for failure. Setting a goal that's completely out of your reach isn't helpful. It's harmful. As the days and months pass you'll watch as that goal slips further from your grip and you'll feel nothing but shame and failure. That isn't what goals are supposed to do. So, even if they're small, set goals that you can achieve. Push yourself, dream big, but don't try to perform the impossible.
Write Your Goals Down
There's a lot of research to prove that writing your goals down helps you achieve them. Writing your goals down will help you focus, think about what you really want, and remind you to take time each day to work towards achieving them. When you write your goals down, be specific. If your goal is vague or hard to measure, break it down into sections. It's helpful to include a daily act that can get you one step closer, such as spending an hour a day searching for properties. This could help you achieve your goal of selling a specific number of houses this year. Once you've written your goals down, make sure to keep your list somewhere you'll see it every day as a reminder of what you want to achieve and where you want your career to be a year from now.
Keep Track of Your Progress
It's important to track your progress for two reasons. One, you see how far you've come and can take pride in that. Some days you might not feel particularly motivated, and seeing how far you've come can help rejuvenate you and push you forward. The second reason is that it helps keep you accountable. If you have a specific date attached to a goal, tracking your progress will help you see if you're on track, and if not, what you need to do to get there. You can easily track your progress with one of the many free goal tracking apps available on your smartphone.
Make Changes to Your Lifestyle
One of the main setbacks people face when trying to achieve their goals is bad habits they've formed over the years. If one of your habits, such as not doing proper research, is keeping you from succeeding, it's time to make some changes. If you notice you keep facing the same challenges, or failing in the same way, take a look at your life and see if there are any habits you've formed that are standing in your way.
We hope that 2017 is the year you meet your real estate investment goals, and we want to help. If you need financial assistance on a property, please contact us. We love helping people succeed in their careers, and we'll love helping you reach your goals.