What are your big picture goals, and how does real estate investing fit into your plan to achieve financial freedom?
How much cash flow do you want to generate?
What level of net worth do you want to achieve?
What is my budget to start investing?
Once you have established your goals, assign a realistic timeline for achieving them.
Pro Tip: Write down your goals! It may sound cliché, but it really works. This will help you gain clarity and define the other two circles of your real estate investing strategy – your approach and target market.
If you want to read about the goals of other house hackers in the Colorado market, check out our Guide to Real Estate Investing. Message us for a free copy!