How to Choose an Escrow Officer: 14 Questions to Ask (& One BIG Thing to Notice)
We have all heard the importance of building your team and how you cannot take on the world of investing solo. This is very true, but having a dysfunctional team…
Managing & Scaling
4 Compelling Reasons to Invest in a Vacation Property
Owning a vacation home can be a good investment, but you need to be careful when buying, as many investors buy a vacation home for all the wrong reasons. Since…
#AskBP 041: What is the Difference Between “Cash on Cash Return” and “Return on Investment?”
On today’s episode of the #AskBP podcast, learn the difference between cash on cash return and return on investment, pertaining to real estate investments. You’ll also learn the four wealth…
Yes, You Absolutely SHOULD Use an LLC to Invest in Real Estate: A Counterargument
My initial reaction to Scott’s article “5 Reasons I Do NOT Invest in Real Estate Using an LLC” was that his advice is perhaps the worst/silliest advice EVER. Please don’t…
The Top 7 Laws Every Landlord Needs to Study
Successfully managing an investment property is about much more than finding the perfect tenant for the perfect unit. It’s even more important to understand the legalities associated with running a…
How to Minimize the Tax Bite When Selling Your Investment Property
Just like summertime in Las Vegas, the real estate market has been Hot Hot Hot! With the summer months approaching, we are meeting with more and more clients that are…
Should You Hire a Property Manager For Your Rentals?
Congratulations! You’ve navigated the confusing world of real estate to buy a rental property, and now you are the proud owner of an income producing asset. However, all of that time,…
#AskBP 038: How Do I Structure a Great Real Estate Partnership?
Partnerships are one of the most common ways to invest in real estate, but if you set up a partnership wrong at the beginning it could spell disaster down the…
Your Guide to the Tax Treatment of Closing Costs: A Line-by-Line Look at the HUD-1
If you are reading this article, you probably know what a HUD-1 settlement statement is, and you have more than likely seen one before. Maybe you have seen multiple HUD-1s and…
The Not-So-Obvious Reason Your Property Management Company is Failing You
Property managers. Oh, how many of us love them? (Secret answer — not many!) Why is property management such an often-hated industry? Well, the answer is easy. Because the majority…
12 Game-Changing Productivity Apps For Real Estate Investors
There are arguments both for and against our need for more technology and more productivity and more apps to track every little detail of our businesses. I mean, who doesn’t…
How to Furnish Vacation Rentals for Maximum Rentability
I don’t currently own a vacation rental, but I prefer to stay in them when traveling, so I feel like I have the experience from a user’s perspective to voice…
How to Build a Rock Solid Real Estate Team While Investing From Afar
After writing this article on how to determine whether a city is thriving enough economically to warrant a closer look for investment purposes, many people contacted me and asked how…
