Real Deal REInvestor Network

Any serious investor sets real estate goals on a regular basis… here’s my take on setting these real estate goals.

Effective goals are the key to being successful in the real estate business. Without goals, it’s like you are that hamster on the wheel or a ship without a rudder. Let’s face it. If you are planning a long car trip, you wouldn’t do it without either bringing a GPS with you or plotting your trip on a map. If you don’t know where you are going, how are you going to get there? Once you know where you are going, you have got to have a plan.

I went through elementary school, high school, and some college, but they never really taught me how to set goals. They told me I needed to set them, but was never taught how to.

In my opinion, in order to lead a truly full life you should have lots of money, a wonderful relationship with God, a great family life, and you should be healthy. Though note that nobody is perfect, including me.

As far as business goals are, only you can tell yourself how to set your goals.Here is how I set up my own goals. I set my business goals in two different ways. Income, (how much money I want coming in on a weekly, monthly, and yearly basis), and deals (how many deals I do). I look at my results in two different ways. I look at how many deals, and the average dollar amount per deal.

As far as personal goals, they can be relationship goals, family goals. Maybe you want to spend more time with your kids. Maybe you want to lose some weight. Whatever it might be, there are both personal and business goals to contend with.

To make a goal effective, it really needs to be written down. There was a study done at The Harvard School of business that was started some time ago. They had three groups: a group that had no real goals, a group that had goals, and a group that had goals and wrote them down. The group that had goals, made 2 to 3 times more money per year than the group that had no specific goals. The group that wrote their goals down, they made 10 or 15 times more money than the group that had no goals. So, it’s critically important that you write your goals down.

I’ve even heard of stories about people that wrote down a five-year plan, stuck it in a drawer somewhere, and never looked at it again until later, and were shocked that they had hit every goal on their list. So, write those goals down. Statistically, you are much more likely to hit your goals if you write them down.

Go ahead and search online for a goal setting template, or even make your own document up for yourself. I suggest you print it out and write it out. There is something about actually writing your goals down, that ingrains it in your subconscious.

Note that there is a difference between dreams and goals. That’s really what the difference is with writing them down. If you just have dreams in which some day you want to do this and some day you want to do that, it’s not really a goal, it’s just a dream. That is why the next step is that you need to make your goals very, very specific.

You don’t want to just say, “I want to be rich”. How rich? You don’t just want to say “I want to get a new car in the next year or so”. What kind of car? Go ahead and look at the cars right now. Put it in your mind and subconscious that that car is happening. Instead of having a goal that you will get a car in the next year, make it specific, right down to the year, make, and model. Don’t just say, “I want to make a lot of money or do a lot of deals in the next 12 months”. Make your goal specific, as in how many deals you want to do a month or how much you want to bring in a month.

Goals have to be measurable. You have to be able to measure exactly where you are in conjunction with your goals. As you are tracking your goals, you need to be able to see exactly where you are.
Goals also have to be believable. It’s one thing to say, “I want to do 10 deals a month”. If you’ve only done 2 deals in the last 12 months, saying you are going to do 10 deals a month might not be doable. You might fall behind and then not be able to believe that you will ever meet those goals.

Also, remember that you can’t make your goals so easy that there is no challenge either. They have to be enough of a challenge that you have to work hard to get them, plus something that you believe. But, if they are too hard, you are going to lose faith that you can hit them and it will take the wind out of your sails. So, make sure they are believable and that you are going to stretch to reach them.

They also need to have a deadline; however you set it up, per month or per quarter. Per year, I think is too long. State a specific time line with a deadline written down. Your goals need to be measurable, believable, written down, specific, and they need to make you stretch. Every month your goals need to be a bit bigger.

And be honest with yourself. Reassess yourself as you go. I set my goals by month, but every 3 months I go and I see exactly where I am. At the end of 3 months, if I’ve hit my goals and I’m way ahead, I will adjust accordingly.

Another thing that I think is really important is that you tell others what your goals are. It’s just like writing them down. It’s going to put it into your subconscious a little more, to give you more chances, statistically, to hit your goals, by reminding yourself. You are also going to lose face. If I tell my Wife what I’m doing the next few months, and I don’t get anywhere near it, I’m going to be embarrassed. So, I feel it’s important to tell people what I’m going to do, even if they never say anything to you, or don’t care, you know that you told the world what you are going to do. You can even join a Real Estate Mastermind Group and tell them all what your goals are. Then they can hold you to it, because that’s what Mastermind Groups do for each other.

A good example of this is what happened to me the first year I joined a Mastermind Group. I went to a 3 day Mastermind Event that Summer and sat in the audience and set my goal to be a speaker at the event the next year. And not only did I set my goal to be a speaker, but I went on to the companies’ website that hosts the event and I posted that I was going to be a speaker the following year. It was actually posted on their message forum, and every other time I posted on their forum, I put under my name, “Speaker, Next Year’s Convention”. And guess what? I did speak next year at that convention.

Then what you want to do, once you have all of these processes going on, you want to do something to remind yourself of your goals. Go back once in awhile and take a look at the goals that you wrote down. Post something on the refrigerator to remind you of your goals. Several years ago, I ran a sales company and we had a goal board in my office. All of the people were paid on commission, so the better they did, the more money they made. I always encouraged them to bring in pictures of what they want. Be it a car, a vacation, a bracelet or something. I told them to bring in a picture and put it on that goal board so that every day, when you are sitting at that desk, you see that picture. I have my own goals posted at my desk. So, do something to continually remind yourself of your goals.

In conclusion, your goals need to be written down, specific, measurable, believable, set up a deadline for yourself, reassess your goals on a regular basis, be honest with yourself, and tell other people what your goals are. You will for sure be much more likely to hit those goals!

So there is how I feel real estate investor goals should be set!

Nick Cifonie

Nick is the host of Real Estate Investor TV Online, you can get loads of articles, videos, and more from Nick at www.REI-TV.com .

Hi everyone,

It's another great morning in South Florida. I wanted to create a blog about "Are you committed". Are you willing to commit and do what it takes to achieve your goals regardless of the outcome, hard work, some failures, negative thoughts or whatever one goes through. What does it take to commit or make a commitment. In my opinion, a commitment is a promise to oneself or family about whatever you are looking to commit to. There are many different commitments such as; financial, spiritual, business, relationships, family and etc.

Being committed to a task or goal is a sacrifice that we have to go through in order to achieve the results we are looking for. In order for us to committ to something, we have to have that desire, want and have a do whatever it takes attitude. From there, you have to take that desire and turn it into a goal, write down your goals, create a vision board, get your mindset right, outline what it takes to achieve those goals, make a commitment to your goals and go to work.

Sometimes, we may not hit our goals when we want to, but are you committed to sticking it out regardless of how long it takes. This will truly show if you have what it takes to win. Jim Rohn said, "When you know what you want, and you want it badly enough, you'll find a way to get it".

Be bless!

Regards,
Dara C

It's another excellent morning in sunny South Florida! I wanted to create another blog on our do "you view yourself". This is highly important because you are what your mind thinks about. If you feel great, that's true, if not, then that's true too. Remember, we are a ball of energy created within the universe. How we put out that energy is up to us everyday of our lives. We should view ourselves as what we want to become and align our goals within those views.

We can do whatever we put our mind to as long as we create positive energy, help others, think positive, be different, dynamic and creative human beings we are put on this earth to be. Never doubt yourself or others. If you don't hit your goal or target, brush yourself off and keep trying and moving forward as well as aligning your goals and thoughts accordingly.

Thanks again and be bless!

Dara C

10 steps to live your life by... 1. “How you think is everything: Always be positive. Think success, not failure. Beware of a negative environment.” 2. “Decide upon your true dreams and goals: Write down your specific goals and develop a plan to reach them ”3. “Take action: Goals are nothing without action. Don’t be afraid to get started. Just do it.” 4. “Never stop learning: Go back to school or read books. Get training and acquire skills.” 5. “Be persistent and work hard: Success is a marathon, not a sprint. Never give up." 6. “Learn to analyze details: Get all the facts, all the input. Learn from your mistakes.” 7. “Focus your time and money: Don’t let other people or things distract you.” 8. “Don’t be afraid to innovate; be different: Following the herd is a sure way to mediocrity.” 9. “Deal and communicate with people effectively: No person is an island. Learn to understand and motivate others.” 10. “Be honest and dependable; take responsibility: Otherwise, Nos. 1-9 won’t matter.” 

1) How much effort should I be investing to find a good, decent investment property?

You shouldn't need to put much effort into trying to get the right investment property for you.  You should be able to just give your money that you want invested to a reputable company to invest on your behalf and just know that your money will invested where it can best meet your investment needs and goals.

2) What Company or Investor should I be Investing With?

You should be investing with a company or investor that will have a system in place that will manage each and every thing that could possibly happen with or to your investment property on your behalf without you having to be involved past the surrendering of the money your investing.

3) Should the process be Turnkey?

Yes, absolutely.  This allows you the investor to have peace of mind knowing that everything is already in place for you to succeed with your investment property. 

If your a whole saler of  properties and like to get properties STEEPLY discounted, then do we have some deals for you.

Maybe your not a wholesaler, but you do invest in properties.  These deals are for you too!

Perhaps you invest on behalf of a fund you manage.  These deals can help you get the ROI that your looking for, for your fund.

Right now, for a limited time, we have condos and luxury houses available in Orlando, FL for $59,900 and up.  That's right.  The only we are able to offer you such a great deal is because were getting these deals straight from the bank, which means you profit with a higher profit margin.  These properties are also really close to epcot center and are right next to a very beautiful golf course.

If this sounds like you or your interested in what you've heard about today then give Philip J. Sherman a call or/write now at 660-287-5717 or email @ philipjsherman@gmail.com and find out how he can help you attain your investment goals in the near future.

Now that you have finished all the planning and have everything written out, it’s time to actually execute the plan. Take action! It’s important that you don’t go over your head, be sure to make your goals small in the beginning. You want to be able to achieve them. Take steps while keeping your eyes focused on the larger picture.

Just do it! (Yes, I know overused and famous by Nike, but it’s true and simple)

The more you keep on putting all your plans on the shelf, the greater the regrets afterward. Don’t ever procrastinate, the faster you can get things done, the better. Always keep this in mind. Taking massive action to achieve goals is what creates success.

For most this is easier said than done. Taking action – it's rarely a breeze and with out challenges. But if you ask anyone who has achieved their goals if their hard work was worth it in the end, they will usually say yes. The benefits of taking action far outweigh living a life that is using only a fraction of your potential and living with regret. You can go from living a life you feel controlled in, to living a life you feel in control of. When you realize the power you hold and the benefits of taking action, your life will never be the same.

We all pretty much have three choices.

1. Give up on ever achieving your goals.

2. Wait until later to get serious about taking action and pursue your goals.

3. Achieve your goals now and realize your dreams! Congratulations and good for you, if you are in this category you already feel the drive and know you want more. So just do it!

What else should I do?

1. You need to remove negativity. Remove the words "can't," "try," and "maybe" from your vocabulary.

1. Taking action creates support

1. Quit talking the talk and start walking the walk

Life it is what you make of it. (Isn’t that a song?) When you commit to achieving your goals, you realize how much power you really have. And to see the benefits of taking action, you have to start. Keep your focus on your goals and know that the benefits of taking action are so much bigger than anything you have to do to get there.

Can you tell that Shiela and I read a lot about accountably? lol Plus we have listened to a lot of speakers for goal setting.

Rick Strubel, Millionaire in Training, MMMChallenge.com

http://www.realdealcommunity.com/members/profile/475/Rick Strubel, Millionaire in Training - MMM Challenge.com

Many of today’s top leaders say the importance of your “why” will give you the resiliency and power to accomplish anything you have set for yourself.

My “why” for wanting Danny and Rick was simply “time for family.” Due to the economy I lost my job in June 2008. I have been at home ever since. It has been tough financially, but one thing that I have really enjoyed has been all the time I have got to spend with my family. I am able to take my girls to school every morning and best of all I get to pick them up everyday. Seeing the joy on their faces when I first pick them up from school is a feeling I just can’t give up.

Any new venture will fail if you can’t understand the reason or why for going into a new venture. It is best to write your “why” down and read that each morning before you start your day and before going to bed each night.

Many people have the same “why” as me, which is spending more time with their spouse, children and family. It is also good to have a few more motivational reasons for starting a new venture.  Write these down next to your “why”. For me it is being able to work when I want, I want the flexibility. I want to be financially free (no debt); to have money for my daughters’ education and to help others in my community. I have every intension of fulfilling my “why!”

Rick Strubel, Millionaire in Training, MMMChallenge.com

http://www.realdealcommunity.com/members/profile/475/Rick Strubel, Millionaire in Training - MMM Challenge.com

The purpose of a vision board is to clarify exactly what you want and to then focus on words or images that represent those desires.

We all have dreams and goals in life, things we want to accomplish. Here are some tips to help you begin to make your dreams happen.

Create a Visualization board. It is really important when creating a vision board that you not only create it, but also use it. A vision board is a tool to help you create a matching vibration to what it is you want to have/be or do in your life and in your world.

You don't want to just look at the pictures on your vision board; you want to take a minute and FEEL IT, BE IT. Yes, feel what it would feel like if those pictures on your vision board were actually part of your life, what would it be like? You may want to begin with I am …

Poster Board: Purchase a poster board at your local crafts store, large enough so you can hang it and look at it daily.

Look through old magazines for pictures and words that represent your goals, dreams. It is also great to use personal photos if they relate to your goal. You want this very colorful to enhance your experience. For example: If you want a new car, go out and take a photo of you standing next to the car, as if you already have it, this way you can see what this will look like. Try to include as much as you can find, just make sure it represents you and not someone else. You want this to be a board that helps you create a mental picture to what is it that you want.

Attach all the images by glue or tape. Look at your board every day as much as you can. Visualize these things in your mind. This does work, but it may not be an overnight success thing. These things take time and action from you.

Electronic Board: If you are frequently in front of your computer, an electronic board is very useful. You can even make a video of your goals. There are many forms of software that can help you create an electronic visualization board. However, here is a free way to create one. Simply use an image for your screen desktop. Use your photo software that you already have by adding images and words/phrases. You can even do this in word. Scan images in from magazines or use photos from the Internet.

Here is a link with directions on how to create it as a slide show screen saver.

http://www.axialis.com/docs/pssp/Create_a_slide_based_screen_saver.htm

Another option is to use these same principles in a sketchbook or journal. Keep an on-going vision journal. This is especially effective if you’re going through many transitions in your life.

Commit yourself 100% towards making that first step of creating your vision board to make your goals and dreams a reality. Remember … whatever you can image, you can achieve!

Rick Strubel, Millionaire in Training, MMMChallenge.com

http://www.realdealcommunity.com/members/profile/475/Rick Strubel, Millionaire in Training - MMM Challenge.com