Due Diligence Gone Wrong: Lessons Learned from a Tragic Tale
The importance of thoroughly performing due diligence cannot be overstated. I would know! I had to learn the hard way. This is a story about skipping inspections and underestimating the…
Finding Deals
Analyze any real estate deal like the pros.
6 Types of Rental Property Add-Ons (& a Look at Whether They’re Worth It)
Certain homes naturally lend themselves to easy additions, such as bedrooms or bathrooms, or present opportunities to convert already existing space into living space. Consider the following ways to not…
![Case Study: A 7-Unit Multifamily Financial Statement Analysis [Real-Life Example!]](https://www.biggerpockets.com/blog/wp-content/uploads/2015/10/first-multifamily-deal.jpg "Case Study: A 7-Unit Multifamily Financial Statement Analysis [Real-Life Example!] 3")
Case Study: A 7-Unit Multifamily Financial Statement Analysis [Real-Life Example!]
I recently reviewed the OM of a 7-unit building. After analyzing the financials, I decided against it. Hopefully there are some lessons in the analysis.
![How Much Should You Be Paying for a 1031 Exchange? [New Research!]](https://www.biggerpockets.com/blog/wp-content/uploads/2018/07/businesswoman-call-career-789822.jpg "How Much Should You Be Paying for a 1031 Exchange? [New Research!] 4")
How Much Should You Be Paying for a 1031 Exchange? [New Research!]
The median price for a 1031 Exchange is $750. Most qualified intermediaries (QI) include one sale property and one purchase property for their fee, with additional purchases around $250 each.…
How to Evaluate A-Class, B-Class, and C-Class Properties
What differentiates the different asset classes in real estate? Learn how to identify and evaluate A, B, and C-class neighborhoods here.
Asset Protection in Real Life: How My Client’s Strategy Avoided a Lawsuit
Today, I'm going to tell you a success story about a real client of mine. By making use of the recommended tools, she was able to save herself from a…
3 Reasons So Many Real Estate Investors Fail
If real estate is as good an investment as we make it out to be, why do so many investors fail? And more importantly, how do we avoid that fate?
How to Grow Your Wealth With an IRA-Owned LLC
I always talk about becoming a master transaction engineer, and that means knowing how to handle any deal that comes your way. Real estate is forever evolving, so it’s important…
How I Profited on a 2-BR Home By Switching from Sandwich Lease to Subject to
Sometimes 2-bedroom homes can be more difficult to sell, and this happened to be the first sandwich deal I did. And then it got even more interesting as it turned…
Here’s Why You Should Consider Investing in Senior Living
We all know how important having a retirement fund is, even if you’re decades away from reaching your golden years. One way to pad your retirement fund or make some…
Turning the Tables: How to Put Yourself in the Seller’s Shoes
I speak with investors on a routine basis. And the most successful investors are able to not only find the best deals, but also able to connect with sellers and…
The 2% Rule Should Die a Horrible Death
Think the 2% Rule is a valid metric to measure all your real estate deals against? Here's why this "rule" is not only silly—it's also dangerous.
