Welcome to the Real Estate Strategies podcast. I'm Ken McRoy and I'm here to give you creative ideas on how you can get started or continue your journey in real estate.

Enjoy the episode.

Hi, welcome. I'm Ken McRoy. Today we're going to talk about the goals. Now the reason why I did chapter two about goals is because a lot of people jump into

real estate without really having any kind of direction.

And so when we set goals and we set benchmarks for things that we want to do, then we can

achieve them.

Without them, you're just haphazardly, randomly moving around,

trying to buy real estate, raise capital, get loans, et cetera.

You really do need to have a plan around this.

And so the second chapter in the ABCs of real estate investing is you've got to have a goal. And so what I talk about

here is that there are five specific things that each goal needs to have. And you can use this at

home in a variety of ways. So there's five things. Now the main thing that every goal needs to have is it needs to be very

specific. So I always start with with this. Now this is the how, the why, the when. It's you got to be

very, very specific.

And we're going to go into more detail on real goals about this.

The second thing is they need to be measurable.

The third thing is that they need to be attainable.

And also, I always like to say they need to be accountable. The third thing is they need to be attainable and also I always like to say they need to be accountable. The third

thing is they need to be realistic and the last thing is they need to have some kind of a

timeline on them. So as you can see I refer these as smart goals. Those are the five

things that each goal needs to have is they need to be specific, they need to be measurable,

they need to be attainable, and you need to have somebody that makes you accountable,

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