How to Write a Business Plan for a Real Estate Investment Company
There are numerous clichés about planning. Here's one: "If you fail to plan, you plan to fail." Being successful is not as difficult as it seems when there's a written…
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.
7 Steps Toward Next-Level Real Estate Acquisitions (I’ve Reached $40MM So Far!)
In a short time, my company closed on $40 million worth of real estate. We bought three apartment complexes and are on the lookout for more. Getting to this point…
Construction Management 101: The Real Estate Investor’s Guide to Overseeing Rehabs
Have you ever exceeded budget, run behind on schedule, or disputed with your contractors while constructing or renovating your building? If so, you're not alone… Here are some of the…
The 3 Best U.S. States for Forming LLCs or Series LLCs
Not all LLCs are created equally. How beneficial your LLC structure is to you depends heavily on the state where it is formed. If you're looking into forming an LLC…
What Investors Should Know About 1031 Exchange Closing Costs
Planning for a 1031 exchange can seem intimidating. As with many areas of the tax code, understanding what the IRS allows and doesn't allow is not always crystal clear. Learn…
How to Hire Amazing Team Members for Every Real Estate Process—From Finding Deals to Renting Them Out
NBA great Michael Jordan once said, "Talent wins games, but teamwork and intelligence win championships." Want to be a real estate champ? Hire the best! Here's who you're going to…
How Charitable Giving Will Make Your Business More Successful
With any type of business, there are of course key metrics to evaluate. But one thing that shouldn't be left out is the importance of community. Community engagement and transformation…
5 Ways to Protect Real Estate Assets & Avoid Lawsuits
It doesn’t matter where you are in your journey to defend your assets: these basic yet essential asset protection concepts can keep you out of unnecessary legal trouble. Regardless of…
How I Saved Thousands by Auditing Utility Expenses
Recently I noticed the utility expense for one of my properties was 30 percent higher than projected. Sure it wasn't fun, but solving this problem by auditing my bills ended…
Hire a Virtual Assistant for These 21 Tasks (& Supercharge Your Productivity!)
Top performers position themselves to be victorious by having a plan, remaining focused, and being efficient. So what’s the best way to accomplish this in order to achieve our goals?…
Top 5 Leadership Principles for Real Estate Wholesalers
When you're scaling your wholesaling business, it's VITAL to lead your team in the right direction. Learn a few lessons from famous leaders here!
The No. 1 Reason Newbies Go Broke in Real Estate (& How to Avoid It!)
You've heard the horror story: New investor enters the world of real estate and loses it ALL. Don't be that person. Avoid THIS mistake to be more successful from the…
California Investors: Why DSTs Are Better Than LLCs (Hint—Taxes!)
For investors learning about asset protection, it’s easy to get mixed up or receive bad advice. It’s even easier to fall into the trap of believing there’s a generic “best…
