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Post image for 4 Revealing Questions to Ask Prospective Property Managers

Property management is a crucial part of any rental investment strategy. A lot of people will do the property management themselves, and many people will also hire a professional property manager. I’ve seen the whole gamut of results with both approaches. In my opinion, property management is the single biggest factor in determining the ultimate […]

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Real Estate Marketing*

Lead Magnets: The Secret Way to Build an Awesome Email List

by Antonio Coleman October 21, 2014
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Before jumping into this week’s series of blog posts on how to dominate your local real estate market, I first want to take a step back and answer a question that I’ve been getting from tons of people who read last week’s post. That post was the last installment on what final elements need to […]

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Investor Psychology

Make More in Retirement Than You Did on the Job Using Strategy

by Jeff Brown October 21, 2014
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I know a guy who bought his first property in 1975 for $57,500. If he’d held onto it all these years, it’d be free ‘n clear — and worth around $400,000, maybe a tad less. ‘Course, if he still owned it by utilizing the buy ‘n hold strategy many worship, he woulda lost well over an […]

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Landlording and Rental Property Investing*

Buy & Hold Real Estate is the Ultimate Investment: Here’s Why

by Andrew Syrios October 21, 2014
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Someone once asked John Jacob Astor, the famous real estate investor and America’s first multi-millionaire, while he was lying on his death bed, if he would do things differently if he could start over. Astor responded, “Yes. I would have bought every inch of Manhattan.” While the anecdote may be apocryphal, it highlights what my father and many […]

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Flipping Houses & Rehabbing*

4 Inexpensive Renovations Guaranteed to Maximize Resale Value

by Conor Flaherty October 21, 2014
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Selling your house is an emotional process, particularly if you have lived there for a number of years. Where a potential buyer sees an old toilet, you see images of potty training your first child; where a potential buyer sees a stain on the carpet, you see the last physical sign of your awesome birthday […]

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Landlording and Rental Property Investing*

5 Ways to Reduce Booking Cancellations on Your Vacation Home

by Trey Duling October 20, 2014
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Last year, I was reviewing ways to increase business for the upcoming year. In reviewing some of our data, I was really amazed at how many cancellations we received over the course of the year. We dove into some of the data, and we tested many different things in hopes of reducing our cancellations. I […]

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Rental Properties

What You Need to Know About the Unglamorous Side of Real Estate

by Martin Dasko October 20, 2014
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We all have a friend who is quick to tell us about their success in real estate. They want to brag about how investing in real estate or some sort of a rental property is the best idea on the planet. They’re convinced that you need to get into real estate. They want you to buy […]

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Business Management & Productivity*

4 Compelling Reasons to Always Follow Up With Sellers

by John Fedro October 20, 2014
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80% of sales are made between the fifth and twelfth contact with a seller. Additionally, 48% of sales people will never follow up with a client. This article will discuss just a few of the ideas to consider when calling sellers back…

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Landlording and Rental Property Investing*

The Landlord’s Complete Guide to Tenant Bankruptcy Filings

by Kevin Perk October 20, 2014
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I live and work in one of the Chapter 13 Bankruptcy capitals of the United States, Memphis, TN. Only the Atlanta and Chicago areas had more Chapter 13 filings than Memphis in 2014. Memphis has held this distinction for many years. No one really knows or has been able to fully explain why Memphis has […]

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Business Management & Productivity*

Your Complete Guide to Analyzing a Property in Just 10 Minutes

by Michael Blank October 20, 2014
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When I first got started with looking for multifamily properties, it took me 4 hours to answer the question, “What is the most I can offer for this particular deal?” As you probably know, you gotta kiss a lot of frogs before you find a good deal and can put it under contract. The time […]

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Business Management & Productivity*

Opinion: Allowing Smokers in Your Rental is Costly & Just Plain Dumb

by Eric Drenckhahn October 19, 2014
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Are you aware of the expenses associated with allowing someone to smoke in your rental? If not, you need to understand that a smoker will cost you at least 10% of your profits due to increased turnover costs and additional vacancy. That is an unscientific number, and I may venture to guess it may be […]

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Investor Stories and Lessons*

You’ll Reach Goals Faster by Rewarding Yourself: Here’s Why

by Mark Ferguson October 19, 2014
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If you are a regular on the BiggerPockets Blog or any personal finance blog, you should notice a common theme. Save money, invest that money, and in the future you will have much more money that you can spend on the things you want, or you can retire early. I believe in saving money and […]

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Investor Financing and Creative Real Estate Strategies*

How to Invest in Real Estate with No Money Down (4 Rules You NEED to Follow!)

by Brandon Turner October 18, 2014
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(The following is an excerpt from the recent book we published here at BiggerPockets, “The Book on Investing in Real Estate with No (and Low) Money Down.”  Pick up the physical book, the digital book, or the audiobook today at BiggerPockets.com/nomoney or get the physical book on Amazon! Now, onto the post!) How to Invest […]

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Business Management & Productivity*

7 Intuitive Tech Tools to Streamline Your Wholesaling Business

by Ben Grise October 18, 2014
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Is managing your phone calls and seller leads on paper or with Microsoft Excel driving you mad? If so, then I know exactly where you’re coming from. If you’re like me, you probably started out well, but then as you gained more experience and invested more money into your wholesaling business, you started generating more […]

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Business Management & Productivity*

The Simple, Effective Way to Build Seller Trust & Land More Deals

by Chris Feltus October 17, 2014
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When it comes to submitting offers on distressed properties, a lot of both new and seasoned investors can sometimes get stuck feeling guilty about their offer. But by being genuine with people and truly caring about their situations, over time you will be able to build trust and generate more business while simultaneously providing help […]

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