I don't need to buy another property to hit my goal
The latest purchase settled. The modelling added up. And instead of feeling finished, I found myself asking a harder question than the one that got me here.
The short version: hitting the floor of a plan does not decide your next move. The reason behind the next move does.
A floor is not the goal
As a buyers agent who models this for clients daily using Gameplans software, I recently ran the same exercise on my own numbers. I added another residential purchase. My portfolio now meets the floor required for my baseline goal: a solid passive income in today's dollar value, modelled conservatively over the next two decades by clearing debt rather than buying further.
That floor is not the goal itself. The goal is still years away and depends on debt reduction playing out as modelled. The main risk sits in the word modelled. The path assumes rates and income stay inside a range I have tested, and real life does not promise that. What this looks like for you depends on your own numbers, which is a conversation for your accountant or financial adviser, not a newsletter.
I expected hitting the floor to feel like a finish line. Instead it felt like the point where the easy decision ends and the real one starts.
What the next move would involve
The easy decision was getting to the floor. The harder one is what happens once you are standing on it, with stopping and continuing both still on the table.
The move I am weighing sits three to five years out, and it is not required. It is a possible transition into commercial property, targeting a position above two million dollars in today's value. The view is that longer leases and different tenant dynamics can mean more predictable income across a cycle than residential typically offers.