Posts tagged as:

Goal Setting

What are Friends For?

by Debbie on December 16, 2009

in Mindset

“Hey You??”

“What’s the matter with the life you have?”

“What do you mean you are working weekends as well as every evening and holiday?”

“When are you going to spend time with me?”

And, “don’t go there, you will get burnt, go broke or get hurt. I may be left to pick up the pieces and I couldn’t let you do that to yourself.”

These are some of the comments and objections you will come face-to-face with when you start venturing into a new life. Why do our friends and family see the doom and gloom that will swallow us, but can’t see that we have the ability, passion and desire to achieve our goals? [click to read more…]

Tagged as: Goal Setting, Mindset, Podcast

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Property Investment Goal Setting

by Debbie on April 5, 2009

in Mindset

Goal SettingI thought it was about time I wrote about goal setting for successful property investment.

I have found that goals work best when they are broken up into three timeframes: short term (weekly), medium term (monthly) and long term (quarterly to yearly).

They should be measurable and achievable.

Let me give you an example of this: If you set a goal of buying a house by the end of the week that may or may not be achievable for you based on lots of factors within and outside of your control.

But if you set a goal of putting in a certain amount of offers by the end of the week you should be able to achieve that confidently.

Even if you think a property is not in your price range or doesn’t quite fit your criteria you can still make an offer on it. When I do this I keep this thought in mind: “If I got it for $……. then I couldn’t say no”. So if the agent called you back and said the vendor has accepted your offer you would be happy to purchase knowing it is a bargain.

If you set a goal of purchasing a property within a month you need to make sure your short term goals and actions support this medium term goal. The same principle applies to long term goals.

I will talk much more about goals and mindset in the coming weeks. It is a favourite topic of mine – and one that I think is crucial for successful property investment. In the meantime I would love to hear about your goals and property investment experience.

Tagged as: Goal Setting, Offers

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