I would really like to get ahold of another property, especially with the deals that are out there at the moment and then take it easy for a year before doing any more deals. I know a lot of people advise to set a goal of one property a year but I figure why not two a year and realize success that much quicker?? Am I wrong in thinking this?
In my experience, the biggest hurdle is buying the FIRST property.
It doesn't do any good to set a goal of 2 per year or 3 per year or 200 per year...
...if you don't actually buy that first one.
Sometimes you get stuck on the 'planning' phase, and miss out on the 'doing' phase.
The only other bad thing I can say about setting a 'number per year' goal is this...
...if you set a goal of 5 houses, and are driven to achieve it...
...you might find out you do deals that aren't as profitable as they should be...
...just to hit the 5 per year goal.
Shop smart.