All Topics / Forum Frolic / What’s One Big Thing you’d like to Accomplish in 2013?

Viewing 20 posts - 1 through 20 (of 70 total)
  • Profile photo of Steve McKnightSteve McKnight
    Join Date: 2001
    Post Count: 1,763

    We're nearing the end of 2012 and coming into New Year's resolution season, so I'd like to find out what is your big goal for 2013?

    Steve McKnight | Pty Ltd | CEO

    Success comes from doing things differently

    Profile photo of lbluedentolbluedento
    Join Date: 2009
    Post Count: 98

    Think I will need 3

    1. Finish Reno on block of units, get them revalued, borrow the equity and buy another cash flow positive property

    2. Off load some negatively geared property

    3. Get some income from my Internet business



    Profile photo of DubstepDubstep
    Join Date: 2012
    Post Count: 395

    Hi Steve,

    Enjoy life to the full with Mrs Dubs !

    What are your big goals ?


    Profile photo of CafankCafank
    Join Date: 2004
    Post Count: 19

    My big goal for 2013 is to  off load  negatively geared property in Australia, go back to the US and buy  more property there so that I can then retire in peace!

    Profile photo of GaryGary
    Join Date: 2009
    Post Count: 11

    My first two goals are in the knowledge phase of my investing and they include:

    1) complete property apprentice training

    2) complete income accelerator training

    My second two goals are related but practical which include:

    1) buy my first property toward the end of the year

    2) start two small online businesses to  accelerate my income

    These goals may be a little ambitious but we will see.

    Profile photo of Gerry GGerry G
    Join Date: 2005
    Post Count: 21


    I will:

    complete 4 renovations/subdivisions

    buy 4 more properties


    June 30, 2013


    Profile photo of timlordtimlord
    Join Date: 2011
    Post Count: 2

    Hi Steve,

    My (aggressive but achieveable) goals are to:

    1) generate an income of at least $3,000 per month with my income accelerator (Derek).

    1a) complete my 1st income generating website by Feb/2013

    1b) compete 2nd income generating website by May/2013

    2) purchase my second positively geared investment property.

    3) sell one of my properties with at least 150K profit

    4) complete my first sub-division with at least 100K profit

    5) get at least 15% return (after expences) from the US Passive Income fund!

    can you help with the last one?? :)




    Profile photo of timlordtimlord
    Join Date: 2011
    Post Count: 2


    Fantasic goal! it has a timeframe which is crucial. All the best, i wish i could achieve such results.

    Profile photo of JpcashflowJpcashflow
    Join Date: 2007
    Post Count: 575

    Interesting question:

    1) Complete my CEO institute course

    2) Reduce my PPOR loan from 90K  to 60K

    3) Use the equity to buy another IP in OZ

    4) JULY will be going to Chile to buy another IP

    5) Enjoy life, holiday and reduce the DEBT of my business

    Jpcashflow | JP Financial Group
    Email Me | Phone Me

    Your first port of call in finance :)

    Profile photo of grimnargrimnar
    Join Date: 2010
    Post Count: 86

    Well the big one for me would be: to implement more short term goals!

    I set a target 4 months ago to pay off my car loan by christmas. I Bought a camping trailer, and had someone run up the back of my parked car without leaving a note… but still managed to pull it off a fortnight earlier than my initial target. And a full 4 years ahead of the loan term. 

    It's amazing what you can do when you are focused!

    Next year I will improve my cashflow and personal balance sheet further by:

    1. Eliminate all non-deductible debt, that is not related to my PPOR, by end March;

    2. Complete renovations on PPOR by end April, and revalue;

    3. Take a short holiday for my wifes 25th birthday;

    4. See a lawyer about establishing proper structure for future developments, for my situation.

    In the 5 year look-ahead I aim to: 

    1. Convert current PPOR into IP;

    2. Complete at least one small development project (subdivision, renovation, dual occupancy, etc) per year;

    3. Produce a minimum of $400 per week passive income (or $20,000 lump sum per year);

    4. Undertake one 4 unit development project;

    5. Set aside at least 40% of household combined income for investment purposes, and 10% for savings purposes.

    Profile photo of callmelescallmeles
    Join Date: 2007
    Post Count: 29

    Hi Steve,


    1.   I would like to introduce my little brother to Ruth.

    2.   Finish the three renos I have on the go before February.

    3.   Over Summer spend time with family and friends on the beach or just goofing off.

    4.   Put your advice into practice, smash the jar, freeing my hand so that I can grab life's other rewards outside of 9 to 5.


    Profile photo of IanMak3103IanMak3103
    Join Date: 2010
    Post Count: 1

    My 3 main goals for 2013 are:

    1) Complete the Property Apprenticeship Program

    2) Complete the Internet Business Program

    3) Have fully function website selling products.

    Merry Christmas and a Happy New Year to you all!

    Profile photo of SMSF101SMSF101
    Join Date: 2012
    Post Count: 49

    wow… all of you have this great plans for the future… as for me… simple and pure

    1. Balanced my viewpoint between money and spiritual goals.. you know we cannot live fully with only one of those alone.

    2. I'd like to settle in peace and harmony with my family…

    3. Upgrade property investments….

    3. Learn more software for my business…

    the rest is for the future to hold..

    Profile photo of DWolfeDWolfe
    Join Date: 2009
    Post Count: 1,253

    Great thread, really wonderful seeing other peoples goals!

    The big plan for this year is to finish our development. It probably wont happen, it's already been 2 1/2 years, but I can work towards achieving. And I can watch people achieve along the way which gives a boost when you need it!

    I'd also like to refocus this year too, get some of the 'WHY' back.



    DWolfe |
    Email Me

    Profile photo of fredo_4305fredo_4305
    Join Date: 2009
    Post Count: 336

    The second my flooded property hits the required amount to unsecure from another property give nab the bird. 

    Profile photo of Shiny_Suit_ManShiny_Suit_Man
    Join Date: 2012
    Post Count: 54

    My Goals for the next 12 months are:     1) The Wedding

                                                                           2) Small reno's on current IP.

                                                                           3) Eliminate almost all (bad) debt

                                                                           4) Move Expanding To our next home (renting to leave extra room for bank loan)

                                                                           5) Save hard to buy our next IP and put small amounts into my trading account. 

    Profile photo of JPS25JPS25
    Join Date: 2010
    Post Count: 121

    PPOR recently paid off first 2 IP's doing well, they will be cash flow positive after tax. In the middle of applying for finance for IP3 hopefully it will be off the ground in January. This one will also be cash flow positive after tax. Will be getting low on equity so will have to wait a bit for IP4

    Profile photo of Jamie MooreJamie Moore
    Join Date: 2010
    Post Count: 5,069

    Our first (biological) baby is due in April 2013 so I'm throwing all investment/business goals out the window and will be focusing on trying to support my wife as best as I can. It's an exciting/nervous time but it can't come soon enough!



    Jamie Moore | Pass Go Home Loans Pty Ltd
    Email Me | Phone Me

    Mortgage Broker assisting clients Australia wide Email: [email protected]

    Profile photo of FreckleFreckle
    Join Date: 2012
    Post Count: 1,680

    To do list for 2013 (hell I'm too old for goals I'm working on my bucket list)

    1. in to hospital to get a few running repairs done, pipes valves and pumps need a reco. Bellows are probably buggered by I here oxygen is still cheap and plentiful. Teeth – last count I have enough to last me. Eyes? Not sure what to do about them. I'm on 1.5's at the mo' bit annoying really but mum doesn't look as scary in the mornings.

    2. Buy a couple of Seadoos for me and the old girl. They say drowning's a nice way to go if it all goes south.

    3. Thinking about an overseas adventure – suggestions

    4. property – hell no. It's still a spectator sport around here

    5. set up a business or three

    6. maybe a grandson/daughter in August – Jeez a grandad

    Join Date: 2007
    Post Count: 574

    1) set up my website for aspiring property developers

    2) finish another 2 developments and start construction on my first apartment block

    3) quit my day job at 38, woohoo!!

Viewing 20 posts - 1 through 20 (of 70 total)

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