How To Set and Fuel Your Real Estate Goals

01/09/20 • 13 min

Being that we are at the beginning of 2020, goals seem to be an obvious point of topic. Real estate goals are important. We need to know where we are going, and more importantly, how we are going to get there. In my experience far too many times investors don't enjoy owing rental, and never realize their goals. In this episode Tyson gives his method of setting big goals, but not letting fulfillment be tied to the outcome. The pursuit is where all the fulfillment comes from. He shares some tips and strategies on how to achieve this so that every investor can maximize their rental property potential.

Previous Episode

ROI On Paper Vs ROI In Reality

In investment property, return on investment is king. You don't buy rental to not try and get the best return possible, right? In this episode, Tyson dives into projected ROI on paper, versus what the reality really is. He shares a few examples of this logic and how always chasing the short term highest return can actually handicap your long term returns. There will be good years, great years, and less than stellar years. It is key to analyze your investment as a whole. One year with higher expense than usual does not mean that your investment is not performing. Look at previous years, future years, and appreciation to properly analyze your rental investment.

Next Episode

How To Establish A Rent Price

Establishing a rent price is not a complicated process, but it's a process nonetheless. We all have a feel of what a property should rent for, but it is important to do an accurate evaluation of the market to make sure your rent price is at a point that will lead the the result you want, which is get the property rented as fast as you can to the most qualified tenant possible. In this episode Tyson shares his step by step process with a few tips to make sure you are as dialed in as possible.