flipaugusta

Goals, Targets, and KPIs – What's the difference? Here's a quick breakdown:

🥅 Goals are the long-term outcomes you want to achieve. They should be ambitious, but also realistic and achievable.

🎯 Targets are the specific, measurable steps you take to reach your goals. They should be SMART (specific, measurable, achievable, relevant, and time-bound).

📈 KPIs (Key Performance Indicators) are the metrics you use to track your progress towards your goals and targets. They should be relevant, measurable, and actionable.

Understanding the difference between these three concepts can help you stay focused, track your progress, and achieve your desired outcomes.

One of the most overlooked parts of owning rental property is finding GREAT residents👨‍👩‍👧‍👦!

Sometimes investors are too eager to get their property rented and get the cashflow 💸 going in the brRrr part of the process. And I get it, so much money going out, but when does the money start coming in, right🤷‍♂️?!

But placing the right resident in your property is key 🗝️ to a successful lease term and the potential for an extended resident. Here are a few things I look for to find the best long-term residents for my properties🏘️:

1. Credit Score
2. Rental History
3. Income Requirements
4. Criminal History
5. Bad Debt

And don’t forget to have a well defined process 📜 if you’re self-managing. The Federal Fair Housing Act makes it illegal 🚫 to deny housing based on:

1. Race
2. Color
3. Religion
4. S*x
5. National Origin
6. Familial Status
7. Disability

With a strong demand for housing 🏘️, it shouldn’t be hard to find great residents 👨‍👩‍👧‍👦!

Tell me below additional criteria you require for your residents!

As always,💖 like for more tips and tricks for real estate investors!

I’m excited to be a Featured Panelist at NARPM & Second Nature’s for TWLX event happening TODAY!

Even more excited to level up my property management business at TWLX 2022!

Many of you know I’m a full-time real estate investor, but many of you don’t know that I also operate a vertically integrated real estate investment brokerage (more on that to come!) with offices in Augusta, GA and Nashville, TN! We’ll be expanding to new markets in the Southeast and Midwest later this year and early next! So to be a part of the TWLX event is super exciting!

This is an interactive online event built for participation and engagement, not passive listening. This is the only online event in the industry to be rated a 9.9/10 by past attendees.

If you are a property manager with a growth-focused mindset looking to engage in transformative conversations and learning that will help you to level up your property management business, register
now for this experiential learning event!

[https://rbp.secondnature.com/twlx2022]

Happy New Year Y’all!

What an incredible year 2021 has been and so excited to see everyone gearing up for an even more epic 2022!

Family time and excited to share a 2021 recap and plans for 2022 later this week!