Calculating Present Value with Ease Using Excel
What would you do if someone was willing to contribute $200,000 to help you invest in a multifamily property? Your first thought would be; what’s the catch? They tell you, you must…
Real Estate Business Management
Business Management can often be similar across many industries and types of enterprises. Successful real estate investors treat their investments like a business and run them professionally. This section of the BiggerPockets Blog contains articles that can help journeyman investors systematize and professionally run their real estate businesses. Topics include hiring, management, business policy, and scaling. These articles are written by some of the best investors in the business, and in regions throughout the country.
Want to Get Away? Tips for Taking Time Off as a Landlord
It is Memorial Day weekend, the unofficial beginning of summer. The time when many go on or start thinking abut vacations. One of the most difficult things about being your…
Setting Your Virtual Assistant Up For Success
In last week’s article I talked about successful delegation and outsourcing; the big picture in other words. This week I wanted to really go into what your duties and responsibilities…
The ABC’s of Successful Delegation and Outsourcing
Most real estate investors are terrible at delegation. We are slow to delegate for a variety of reasons. Most likely it is because of one of these reasons: Money; “I…
The Vacation Rental Hypothesis
The links to third-party products and services on this page are affiliate links, meaning that BiggerPockets may earn a commission (at no additional cost to you) if you click through…
The Many Ways of Viewing an Excel Worksheet
After you have created an Excel worksheet with all the appropriate formatting and correct formulas, what is left but to view the results. Just as there are many ways in…
Help, My Contacts List is in Excel! (Using Microsoft Excel Tables)
Microsoft Office’s most used applications are: Word, Access, PowerPoint, OneNote, Publisher and Outlook. One of the most used applications is Excel. Real estate investors need an application that can analyze…
4 Most Common Mistakes When Buying Turnkey Real Estate
I have been working with turnkey buyers for the past 6 years and I have come to find that there are some common mistakes that many investors make when they…
Five Reasons Why Competition is a Bad Thing
Several weeks ago I wrote about why competition is a GREAT thing because it can have many positive influences on your business. While I’m generally a firm believer that competition…
To Leverage or Not to Leverage – This is the Question…
There is always a lot of discussion within the real estate circles on the subject of high leverage; specifically the issue of how high is too high. Let me come…
The Real Secret in Real Estate Investing Is …
BiggerPockets.com exists as a ground-floor resource center, a “how to” relative to all things real estate investing and, in the opinion of this author, BiggerPockets proves its’ worth every day…
15 Important Things to Watch For on Your HUD-1 Settlement Statement
I remember how daunting the HUD 1 settlement statement seemed when I was first getting started in real estate. Trying to figure out what boxes to add together… it just…
One Spreadsheet To Rule Them All: Building A Lighting Fast Lead Analyzer
An important part of real estate investing is learning methods to increase the efficiency of your everyday business processes. The more efficient your business becomes, the more deals you acquire,…
