How to set your property goals
By | 2nd May 17

We find setting and writing down your goals is a great way to keep you motivated. Having some short term and long terms goals allows you to keep direction and make steps towards realising them, but where do you start? We have seen and personally experienced how property can create a positive impact financially, so we have compiled some tips!

Why should I goal set?

Writing down your goals may feel like something you only did as a child, but setting goals is a tangible and productive tool. Firstly having a long term goal provides you with direction while the smaller goals allow you to experience bite sized achievements and provide self determination to reach your long term goal.

 

How can I make sure my goals are realistic and effective?

We all have dreams and aspirations so how can I make sure my goals are realistic? It’s important when setting down your goals to be specific, attainable (let’s face it, no one likes failing!), can be measured, is relevant to you and has a time component associated to it. Having a time frame allows those procrastinators out there to keep focused and determined. Ensure you set smaller short term goals en route to your long term goal, so you don’t get overwhelmed or disappointed.

Example: Instead of saying “I want to be rich and have a large property portfolio in the future” you might want to say “I want to have 2 positively geared investments in the next 5 years”.

 

Share your goals with your friends and family?

After you have written down your goals, you might want to share them with your family and friends. You wouldn’t want to say no to the support you can get from the people that care about you. They may also have had past experiences or tips that you may not have thought about. They are also a great support network to keep you committed to your goals.

 

Use as many resources as you can.

There is a lot of information available, and the best way to make a decision is based on one that is made with all the information present at a certain time. There are many helpful blogs and books you can read from or you can make an appointment with us for your unbiased and free strategy consultation.

Celebrate your wins.

Don’t forget about the whole process. You will have setbacks and also achievements, so don’t forget to celebrate all the wins!

 

If you’re looking to bounce off some ideas or need strong expert advice on your property goals, get in touch so we can help you with your exact needs! We have many FREE resources on offer such as a one-on-one strategy session as well as our Investor’s Club meetings.