I Almost Bought Properties at Auction (Here’s What Stopped Me!)
Want to snag an awesome real estate deal for cheap? Auctions might seem like your ideal option—but beware: there are hidden risks and costs. Here's why the numbers MIGHT not…
Buying & Selling
Learn how to buy and sell investment properties.
What to Do When a Deal Goes Sideways (Hint: Don’t Panic!)
Start thinking now about how you'll react when a deal gets complicated, because one inevitably will. Let's talk about the less rosy side of the business, when something happens to…
The Best Real Estate Advice I Ever Received
When I was first getting started, I sought out the best real estate investing knowledge I could find. I talked with other investors and read as much as I could. But…
When Is the Best Time to Sell Your House?
It's that special time of year when the most people are out looking for a home and the most houses are on the market! Want to unload a property this spring…
Try Out These Free Web Tools to Evaluate Deals
Evaluating a property is one of the most important aspects of investing. Luckily, most of what you'll need is available for free if you know where to look.
3 Hidden Pitfalls of Online Auctions (& How to Avoid Them)
When attempting to buy property on real estate auction websites, you can lose your deposit without closing on the property or even end up with a property you can't sell.…
How to Accurately Estimate Expenses on a Rental
When it comes to new investors who are interested in rental real estate, the financial side of things causes the most frustration. People aren’t sure how to calculate anticipated monthly…
Forget Everything You’ve Read: Buying a House is NOT For Suckers
Recently, financial expert Grant Cardone said, “Buying a house is for suckers!” Is that statement REALLY true? Delve deeper here!
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…
How to Prepare for Your Rental Property Closing Like a Rock Star
Real estate investors do NOT talk enough about what needs to happen to be fully prepared for closings on rental properties (on the purchasing side). Some go smoothly; others can…
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!] 12")
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.
3 Ways to Sell Your House Cheaper Than Using an Agent
Many home sellers cringe when they realize they have to pay up to 6% to their selling agent. As a result, many sellers are looking for ways to avoid paying…
