How To Create Property Investment Goals For The Year

Published: Jan. 22, 2020, 8 p.m.

b"https://www.youtube.com/watch?v=G2NQ2rZ6zKk\\n\\n\\n\\n\\n\\n\\n\\n\\nI love it when a new year rolls around as you get an opportunity to set fresh goals for the new year. Here's some ideas on how to set property investment goals for the year so by the end of the year you're closer to your financial goals.\\n\\n\\n\\nBook a Free Property Strategy Session\\n\\n\\n\\n1: Have You're End Goal In Mind - 1:40\\n\\n\\n\\n2: Where Are You At Now? - 2:50\\n\\n\\n\\n3: What's The Big Thing You Want To Achieve This Year?\\n\\n\\n\\n4: What Are The Steps Needed To Achieve That Big Thing? - 6:40\\n\\n\\n\\n5: What Is Your Next Immediate Step? - 9:45\\n\\n\\n\\nRecommended Videos:\\n\\n\\n\\nHow To Create Property Investment Goals For The Next Decade \\n\\n\\n\\nTranscription:\\n\\n\\n\\nI love it when in New Year rolls around as you get an opportunity to set fresh goals for the new year so that at the end of the year I like to look back and say okay where am I now compared to where I was and it's always nice to be a bit further along so in this episode I want to talk about how does that property investment goals for the year so that at the end of the year you're gonna be closer to your ultimate goal whether that be financial freedom or whatever it may be hey I'm line from on-property helping you achieve financial freedom and right now I'm in such a better financial position than I was a year ago so a year ago I was just going through a separation was in you know I've been to a lot and was in a real rough situation and 2019 was really a year survival for me but towards the end of the year I really cemented my strategy to grow my finances and spend the second half of the year working out of that and while I'm not in exactly where I want to be I'm in a such better position and 2020 for me is a year of growth and so what I want to do is kind of help you to create a framework and how you can set your goals or your property investment goals specifically for this year so that at the end of the year you've achieved something big whether that be actually buying a property and making that big step or whether that be saving a deposit budging whatever it is to get you closer towards your ultimate goal for a lot of people that's going to be financial freedom that's definitely my goal or it may just be a certain amount of money in the bank so when it comes to setting goals for the year the first thing that you need to do is really have your end goal in mind so you need to understand where you want to end up because this year is only a small part of your life and it's only a small part of your finances as well and it's highly likely that this year is just going to help you get towards a larger and longer term financial goal so you need to understand what that longer-term financial goal is and if you don't understand that yet then you need to start there I just did a video on how to set your property investment goals for the next decade so if you haven't watched that one I will link up to it down below go ahead and check that one out we're talking more detail there about setting those bigger picture goals but looking at this year you need to know what your bigger picture goals are and so for me in that video I talked about my bigger picture goals of buying for investment properties and building for granny flats so having eight incomes in total and ultimately having those paid off and owned it outright so that is my bigger picture goal and what I'm working in and so I need to start there then I need to look at and you need to look at where are you now exactly what is your cash flow situation how much money are you earning how much money are you spending what is your debt situation what is your savings situation as well so getting real on where you're at now is also really important to try and work out ok I've got this big end goal in mind where am I at now and what steps do I need to take in order to get towards that end goal so for me 2020 is a year of growth but it's really about growing my business and getting myself into a position where I'm deb..."