How successful do you feel you are with your house hunting and property investing?
Do you regularly set goals to aid you on your property investing journey?
Let me ask you this – would you jump in your car and drive around aimlessly without first deciding where you needed to go? I’m guessing not. So why would you do exactly this with your investing, by not setting firm goals and regularly tracking against them to measure your success?
If you feel lost when people mention goal setting, take a look at the following tips to help get you started.
Goal setting tips for success
Write them down – write your goals down and keep them somewhere where you will see them on a regular basis
Attach a time frame – each goal should have a time frame: short term (3 to 12 months); medium term (1 to 3 to 5 years); long term (5 years and beyond). You should regularly revisit each goal and, if necessary, reset the time frame to achieve the goal
Include practical, specific steps – write down specific, practical steps to achieve your goals. Your goals should include actions for where and how to get the information that you need in order to achieve the goal
Be realistic – your goals should be realistic as to what you can achieve, by when. Goals should be a stretch, but not so much as to overwhelm you
Be flexible – you may need to revise your goals. For example, if your personal circumstances change, you may need to revisit and reset your goals.
The start of a new year is an ideal time to set goals and plan what you’d like to achieve in the next 12 months. There is no better time to get started than right now.
Like to know more about the services we offer as a Buyers Advocate? Talk to us about how we can help you achieve the best outcome when you purchasing your next investment property.
To book a free 20 minute connection call, simply click here and choose a time convenient to you. Alternatively, give me a call on 03 9686 2288 to discuss how I can help.
