setting property investment goals
21st January 2022 by Property Deal Store Administrator in Investors

Setting and Achieving Property Investment Goals

New year, new goals…?

Whilst the turn of the year marks a good opportunity for setting new goals for the next 12 months, it’s also important to look at how far you’ve come and your journey to date. Study your ups and downs so far and how long each step forward has taken.

Looking back and looking forwards together like this allows you to come up with an achievable strategy.

Practical experience + desire = realistic, big goals.

Sometimes a great goal to have can simply be progression. To move forwards a little bit every day, every week or every month.

Goals don’t always need to be completely different to your current path if you’re on the track you’ve previously set out for yourself.

Setting goals in property

At Property Deal Store we advocate setting one large goal for the year. That could be related to profit, portfolio growth or adjustments, or it could be something intangible and not always measurable – like building your knowledge base or giving back to communities.

The purpose of creating this one overarching goal is to reset focus and to create a pathway for its achievement.

Breaking it down

When you take this approach it’s vital that you break the big goal down into more manageable chunks so that you’re not overwhelmed and can stay on track.

Break your goal down into your strategy and then break your strategy down into objectives and tactics.

Strategy = the breakdown of how you will achieve your goal with set milestones

Objectives = a further breakdown of your strategy, your short term targets

Tactics = specific actions you will do every day/week/month to hit your objectives

You don’t need to use any kind of formal model we’ve just included this to demonstrate a proven thought process that gets results.

Move fast and slow

Great things take time so it’s important to be patient and make goals achievable to limit mistakes and build your resilience. It’s also important to start planning and implementing your actions today.

When it comes to making things happen in life, the best time to start was yesterday and the second best time is today. We know that to be true when it comes to property training.

Property training from Property Deal Store

Moving fast doesn’t mean jumping into the market blindfolded. It means starting the process of preparing to invest in property. There’s a lot of work to do before you buy your first investment property.

We can help you set your big goal and give you the property knowledge to get you there.

Our courses are different to what you will have seen anywhere else. Our three directors have come together to create our courses. All of whom have active, growing property portfolios worldwide, and together they have over eight decades of experience to share with you.

We offer property training and mentorship, with low-cost taster options available too.

If you want to know more about us or any of our courses click here, call us on 01282 570752, or email office@propertydealstore.co.uk. It would be great to welcome you on board.

All the best in property,

The Property Deal Store team