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Post image for The Ultimate Comprehensive List of Tenant Red Flags

Do you know what tenant red flags you should be on the lookout for? When you are screening tenants for your rentals, it is pretty easy. You take an application, submit it to a screening company and wait for the results. You have pre-set tenant selection criteria, and you compare against the criteria. You let […]

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General Real Estate

10 Surefire Ways to FAIL as a Beginner Real Estate Investor

by Ken Horst September 20, 2014
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Many people tried to get in on real estate investing during the economic downturn. And if you had the money or had sparkling enough credit to get a coveted loan, why not? There were lots of cheap properties available on the market due to the foreclosure crisis. As the market is rebounding and prices continue […]

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General Real Estate

A Personal Rant: I Can’t Stand Working with Contractors!

by Ali Boone September 20, 2014
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Yep, I said it. I absolutely, in no way, enjoy working with contractors who do work on my house! I understand that a lot of you do, and that is totally fine. I can see the appeal and where it could be fun to rehab or fix up a property that you’ve bought, but personally, […]

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General Real Estate

How To Find Leads & Develop Your Brand on Social Media

by Engelo Rumora September 20, 2014
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Throughout my career in Real Estate, I have found that almost everyone uses social media outlets, such as Facebook, Twitter, LinkedIn, etc. And what better way to promote your property than a platform that is used daily by over 60% of the population? Unlike listing your property for sale on MLS and Zillow — social media platforms […]

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General Real Estate

3 Tips to Ease the Sale of a Tenant Occupied House

by Chris Feltus September 19, 2014
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Whether you own only a few rental properties or you have dozens, selling your tenant-occupied home presents its own unique challenges, and there several steps you can implement to help make the process easier on both yourself and the tenants. Put Your Tenant’s Mind at Ease Oftentimes tenants become frustrated — or downright uncooperative — when it […]

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General Real Estate

8 Crucial Points to Consider BEFORE Quitting Your Job to Invest Full Time

by Matt Faircloth September 19, 2014
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“You want to leave your job and do what??!!” This was the initial comment family and friends said to us when we shared that we wanted to quit our jobs to become real estate investors full time. Here is the next question we often got as a follow up to the first question: “What will […]

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General Real Estate

How to Close More Deals by Educating Your Sellers

by Marcus Maloney September 19, 2014
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A few months ago, I wrote an article about engaging sellers on the phone. I must say that I did not address another component of the conversation. I omitted this component because I wanted newbies to focus on the importance of gathering information from the seller. If you have a handle on gathering information, the […]

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General Real Estate

3 Common (and Costly) Mistakes Mobile Home Investors Make

by John Fedro September 19, 2014
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Welcome back, It almost never fails that any mobile home community you go to will request that you “fill out an application prior to [you] purchasing an individual mobile home inside our park.” Every park will have its own approval process, and every park will require its own criteria needed before any potential resident buys […]

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General Real Estate

3 Reasons You Should LOVE the Home Office Tax Deduction

by Amanda Han September 18, 2014
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One of my favorite tax perks available to real estate investors is the home office deduction. Let’s face it, the home office deduction is generally not going to reduce your tax bill down to zero. However, it can still provide you with quite a bit of tax savings if used correctly. 3 Reasons I Love the […]

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General Real Estate

The 7 Deadly Pitfalls that Threaten Real Estate Investors

by Gerald Harris September 18, 2014
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Strategic real estate investments have resulted in some of the world’s most renowned multi-billionaires. Real estate investors benefit from rental income, capital gains, leverage, tax incentives and inflation resistance. Still, investing in the industry requires immense prudence in order to overcome the huge risks involved. Here is a look at some of the biggest pitfalls […]

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Podcast

BP Podcast 088: Investing with Your Spouse, Managing Financials, and Growing Your Team with Matt and Liz Faircloth 

by Brandon Turner September 18, 2014
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Today we’re thrilled to chat with New Jersey real estate investors Matt and Liz Faircloth on The BiggerPockets Podcast, covering everything from the challenges of working with a spouse to purchasing a 10,000 square foot office space! Matt and Liz have been hooked on real estate since buying their first single family home in 2002. After years of […]

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General Real Estate

A Tale of Two Bobs: My Magnificent Millionaire Mentors

by Nathan Brooks September 17, 2014
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Seriously — both of the guys who have made the biggest difference in my real estate business are named Bob. Well, sorta. They are both named the same name. But their name(s) have been changed to protect their identities because of they wouldn’t necessarily want me just blabbing all over the BiggerPockets world about how awesome […]

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General Real Estate

Your Guide to Uncovering the Best Seller Financing Deals

by Chad Carson September 17, 2014
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Seller financing is my favorite way to buy real estate. It is often faster, easier and more profitable than any other financing technique because no banks or third parties are involved.   In this article I’ll tell you how to find the best seller financing deals by targeting a particular type of property owner. Why […]

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General Real Estate

The Pest Clause: A Small Lease Addition to Avoid a Big Headache

by Drew Sygit September 17, 2014
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There are a lot of clauses in any given lease, and some of them are obviously more or less business-impacting than others. Your late-rent clause, for example, is one that always gets plenty of attention. But are you aware of how much of a pain in the neck your pest clause (or lack thereof) can […]

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General Real Estate

The Real Estate Marketing Mistake That Could Cost You Millions

by Antonio Coleman September 16, 2014
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Before jumping into this week’s post on another way to dominate your local real estate market, I would first like to say thanks to the BiggerPockets Members for being so engaging in the comments section. People continue to leave comments, sharing their views on my posts and revealing their opinions about real estate marketing. I’ve had a chance […]

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