An update on 2014 goals

Below are the goals copied from my post a few months ago.  The updates are in red. I think we're doing ok so far!

These goals are on our must do list:
-- Re-finance Property #1 and pull out $10-$15k in capital - Done, but we only got 8.2k.  Not horrible but a little less than we wanted.  See previous post for details.
-- Shop our insurance around with a broker and make sure we're getting the best rate. - Done! Turns out we're getting a pretty good rate so we're staying where we are.
-- Add a 4th member to our LLC (my other brother who is almost out of college). - Done!
-- Adjust our monthly Contributions to go up by a total of $900/month over our current contribution level. - Done!
-- Purchase our first Multi Family Property(ies): - Still looking for that first purchase.
       -- For a total of 4 units minimum.
-- A goal of $315/month cash flow per $100k spent**. - We'll see after we make that first purchase!
-- A total cash flow increase of $1,000/month (across new purchases). - We'll see after we make that first purchase!

These goals are on our "Nice to Have" list (in order of importance):
-- Refinance Property #2 for $10-$15k in capital. - No movement yet.
-- Purchase more Multi-Family property (above and beyond 4 units) - No movement yet.
       -- If needed, package our 5 houses (or some combination thereof) and shop them around. - No movement yet.
       -- A 1031 exchange is most likely necessary so we need to purchase a multi-family with the nearly $40k-$50k we’d expect to get from selling this package within 180 days. - No movement yet.
       -- This could easily run into 2015. - Unsure yet, but most likely will.

Our main focus now is finding that first MRF purchase.  I'll keep everyone updated!