How Dodd Frank Law Changes Seller Financing for Investors
I was actually in the process of negotiating a seller finance with one of my tenants and was halted in my tracks. I was reminded that the new Dodd Frank…
Personal Development & Goals
Real estate investing is a continual learning process. Mistakes and lessons learned characterize almost every investor's career. The great thing about BiggerPockets is that it allows you to learn from the triumphs and failures of other investors around the country. Spending the time to learn from others' experience can significantly speed up your real estate portfolio growth and help you to avoid setbacks. This section of the BiggerPockets Blog is dedicated to those types of posts that help investors become successful in real estate and avoid mistakes that others have made in the past. You can read up on more similar stories and discussions in our Real Estate Success Stories Forum.
22 Unforgettable Experiences From My First Rental Property
1. The thrill of excitement when I finally found a deal worth pursuing. Source: plus.google.com 2. Doing my initial walk-through and realizing the property needed a lot of “updating”. Source: ebaumsworld.com…
Why Making Big Goals Will Make You More Successful
I am a huge fan of big goals even though I rarely, if ever, used goals a few years ago. That is not exactly true – I used goals… but…
8 Reasons Why Having A Day Job And Investing In Real Estate Is Awesome!
My Name is Tom Sylvester and I work a full-time job. (Hi Tom!) I say that I work a full-time job because I believe that it is important for people…
Are You Following Your Passion?
As my youngest son was heading off to Los Angeles to follow his dream in filmmaking and I was attending the Equity University Networking Conference and the BiggerPockets Meet Up…
How To Survive When Your Spouse Doesn’t Believe In Your Dream
Let’s face it – most of the people who jump into real estate investing are dreamers. The vast majority of investors pursue this profession because at some point, for one reason…
Patience and Real Estate Investing: My Story of Getting Started with Rental Properties
If you are anything like me, when you get excited about something… you want it right now! When I first decided investing in Real Estate was the best route for…
How Many of These Traits of “The Millionaire Next Door” Do You Share?
“The definition of insanity is doing the same thing over and over again and expecting a different result” – Tony Robbins Some books are worth reading once a year. One of…
Defining True Wealth: Which of These Six Levels Describes You?
I know a lot of really wealthy people. A consistent comment I hear from them about their wealth is that they have it, but they’re not sure when they got…
5 Lessons Crazy Cat GIFS Can Teach Us About Entrepreneurship (Prepare to Smile…)
It’s not a secret that I’m a cat person. If you listen to the BiggerPockets Podcast, I’m sure you’ve heard Josh pick on me and my “crazy cat lady” lifestyle.…
How Life Coaching has Helped Improve My Business and Life
Last week I wrote an article about the law of attraction and positive thinking. I believe that the law of attraction has changed my life an incredible amount in a…
Six Easy Ways to Get Acquainted With a New Real Estate Market (Here’s What I Did…)
What’s one thing every seasoned real estate developer, broker, investor, builder, and lender will tell you about the real estate game? Know your market! Know it like the back of…
Modeling Successful People: Four Keys to Achieve Almost Any Goal.
I am never going to run a four minute mile. EVER. My high school football forty yard “dash” was indeed measured with a sundial. Offensive lineman are built to pull…
