Buying cheap property is usually a bad idea. I call it buying a “pig.” And pigs don’t always cost $30,000. In fact, my partner and I just walked away from one that cost millions. Here’s the story.
Can you imagine buying a franchise or starting a business and not being fully committed? It wouldn’t make sense. Real estate is no different. But the fact is some people just won’t commit to doing whatever it takes to reach their goals. Here’s why that will ruin your chances of success every time.
Landscaping can easily pay for itself in increased home value. Even if you have a black thumb, these four tried-and-true, easy landscaping ideas will help you achieve a beautiful yard and dramatically alter your home’s appearance!
BiggerPockets Podcast 326: Health, (Big) Wealth, and Total Accountability With David Osborn, Pat Hiban, Tim Rhode (and Josh!)
What does true wealth mean to you? Having control over your time? Having the means to donate to charity? Maybe it means being healthy enough to jump out of bed and attack the day. Today we speak with three financially independent investors about what motivated them to work so hard toward their goals.
When tenants abandon a property, should you as the landlord just keep their deposit and move on or follow through with the eviction process? If you have rentals long enough, the situation will come up. Evictions can be costly but you may recoup money—or fall victim to a destructive act of revenge! What’s your move?
Partnering up can be a great thing in real estate. You can partner with others for a short time on specific deals. Or you can align investments with others for the long haul. Or you could even go into business with a partner. But who should you choose? Are friends or family members okay?