Sunday, May 6, 2007

Short-Term Goals

Well, I've managed to make a short-term list of things to do in the next month.
The question is, how am I going to even start and accomplish all of these? Compiling the list actually wasn't hard. The hardest part is completing them in an efficient manner. I should really use my days more productivelty, perhaps from a 9-5 work basis. That will get me use to the working schedual and straighten out my sleep schedual as well.

So here it is:

1) Go to the gym everyday
- Go everyday at 7am in the morning
- 3x a week, on alternate cardio days, work on muscles
- 3x a week, on alternate muscle days, cardiovascular activities
- jog, bike, and play squash

2) Learn about Real Estate
- Remortgages
- Morgtages
- Valuations
- House purchase process
- Legal issues
- Readings: Lease contract law, Tenancy Protections Act, General Real Estate

3) Start a business plan
- Look into Chris' entrepreneurship book
- Create a business plan based on real estate investments
- Create a long-term outlook of the business and where you see it going in the future
- Register a business name with the City

4) Start business research on real estate investment in Ottawa
- Micro Ottawa Market Analysis
- Micro SandyHill Analysis
- Ottawa University Analysis

5) Job Research
- Create list of Commerce alumni to set up meetings
- Contact Commerce alumni to set up informational interviews or ask questions
- Meet with uncle in TO for a possible Dundee REIT job
- Continue to look on CSN for possible jobs

6) Plan Summer trip in China and Malaysia
- Confirm travelling dates with everyone
- Create a travelling budget and send to dad
- Establish some plans during the trip
- Meet with Ron and Chris for trip discussion

7) Personal House
- Get ouse finances organized into computerized form
- Create a pro forma for the house for valuation
- Paint the vacant rooms in the house
- Get new lease agreement form approved by lawyer
- Lease vacant rooms through Ottawa University Housing Posts

Saturday, May 5, 2007

The End of an Era

It's been over a week now since I've been back home from Queen's.
Unfortunately, I've been hit again with a sudden sense of depression and dread.
I can't believe that school has ended and since I've been back, I still feel like I'm a student who's going back to school after the summer. But no, the reality is that I'm DONE! Queen's was amazing, the best time ever, the best experience I've ever had, and I also met the greatest people and friends. It was definitely the place to foster determination and challenges. I'm very proud of myself for attending and graduating!

But what's been getting to me is this: What do I do now?! After gaining all these new skills and abilities, I still feel like I have so much to accomplish! I've been thrown into a huge ocean with no specific direction and no means to get there. I think this is what I've been depressed about. What do you do now?!

So since I can't solve this problem right now, I might as well be productive. Sure, this entire week I haven't done anything but sit on my ass, sleep, and eat, I should try my best to remain active. I don't exactly know what I'm going to do. So I should at least make a list of short-term goals I'd like to make before I go abroad on my BACKPACKING TRIP TO CHINA!!!! It won't start until the end of June, so I still have a little less than 2 months here. My plan to buy a place is pretty unrealistic. The time it takes to buy a place, make renovations, and find tenants is pretty long. I simply don't have the time. Fortunately, I've already raised enough equity from my house through a recent appraisal and remortgage. With about 100k in line of credit, I definitely should be able to start my investments, but I just need the time for it. For now, I should just do the research. Carrying out the research should set the foundation for purchases. That's what I'll try and do this month then.

I'll make a list of things to do in tomorrow's post.