Hello, welcome back, I’m so glad you are here!
I hope you have been thinking about your property goal ALOT over the past week because I am about to teach you how to map your route to getting there.
Watch this video once and then go back through and really think about each of the steps. The end result will be that you have a step by step plan of exactly what you are going to do and how you are going to get there.
The idea is that you are going to make a pyramid, your goal will be at the top and the steps to get to your goal are underneath broken down into more simple, easy to manage, steps.
I have put together one of these for myself and so will be using this as the example as we go through the video.
Step 1 – Write your goal at the top of your pyramid. Underneath this you should then write what things you need to do to get there. It could be just one. For me these are the different strands of my business, but for you it could be buy one house in your chosen area.
Step 2 – You then need to consider the value of each strand, what do you want to achieve. As I have money in my goal I have broken this down into my financial goals for each strand. However you may want to achieve time or an item – work out what you need over your goal time period and then break it down into even more manageable chunks, so what do you need monthly, weekly or even daily. What looks simple to achieve for you?
Step 3 – Now you need to decide on what tasks you are going to do to be able to achieve the value. If you need time then who do you need to hire to get that time. If you want to buy a property do you need to find financing, get a mortgage… the ball is in your court what do you need.
Step 4 – The next level of your pyramid should set out what you are going to do each month to achieve your task – be specific and make sure it’s something you can do.
Step 5 – You then need to break down step 4 even further, what can you be doing on a weekly basis, and if you need even more motivation what can you be doing on a daily basis.
Now it’s time to put all the layers of the pyramid together. As you will see from my own pyramid that I know exactly what I am going to be doing on a weekly and monthly basis to reach my goal. For you your goal will be different and so will the steps you need to take to get there.
However now when you ask the question HOW DO I GET STARTED IN PROPERTY? Excitingly you have already answered your own question, you just mapped it out for yourself!
Take all the time you need working on your pyramid as it does require a lot of planning and may not come together on your first attempt!
So now you have a goal and you have worked out how you are going to reach that goal, next week in part 3 I am going to help you get started on your property journey!
If you need any other property help then head back over to NC Real Estate when I have you covered!