9 Steps to Take BEFORE Setting Up a Real Estate Investing Business Entity
So you want to start a real estate business. You’ve watched the commercials and reality TV shows, you’re addicted to HGTV, you see how much money your friends are making.…
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.
6 Red Flags Investors Shouldn’t Ignore When Purchasing Turnkey Rentals
It seems these days there are so many turnkey providers popping up left and right, especially in the Midwest markets. The Midwest is a goldmine for these sellers because there…
7 Tips to Keep Landlords Free From Costly Tenant Lawsuits
When you’re a landlord, there are a lot of things that can go wrong. Economic shifts and natural disasters, however, have absolutely nothing on the power of your own tenants…
Will My Flips Qualify for Long-Term Capital Gains or Will I Need to Pay Self-Employment Tax?
A question often presented on the BP Forums is whether or not flipping income is subject to self-employment taxes. The answers tend to range wildly in accuracy and completeness. For…
Those With Goals Are 10x More Likely to Succeed: Here Are 15 Tips to Set Yours
I am sure many of you are saying to yourself, “Goal setting for 2016? Isn’t this a little early?” It is the beginning of November, and it is actually a…
How to Prove Tax Deductions as an Investor: A Guide to Tracking Receipts
Last week I sat down with a new client, Jesse, for some tax planning. He recently purchased his first few rental properties, and like many new investors, he wasn’t exactly…
15 Things Every Newbie Needs to Know About Starting a Business
Starting a business is exciting — and scary. I’ve started more businesses than I’d care to admit. In my experience, it’s a bit like driving through a heavy fog where you are only able…
Case Study of a 10-Unit Apartment: How I’ve Added $15k+ of Annual Cash Flow in 2 Years
An interesting discussion unfolded on the Forums last week, when Mindy Jensen started a thread called “What do you like to read about on the BiggerPockets blog?” As the conversation…
4 Steps for Getting Your Finances in Order BEFORE You Quit Your 9-5 to Invest
I made the jump to full time investor just over a dozen years ago. I can tell you that it was perhaps one of the most exciting and scariest things…
The One Thing Every Real Estate Investor Should Do Each Morning
As a real estate investor, it’s difficult to find time in the day for all of the things that need to be done. From managing your properties and portfolio to…
Why Investors Should Create Multiple Streams of Income Within Real Estate
People across the internet are always coming up with little cute sayings that sound good. One of the latest ones is “the average millionaire has 7 income streams.” Let’s say that…
Newbies: Getting Discouraged Early On? Here’s How to Rekindle Your Passion!
Many a new real estate investor jumps into the endeavor with much passion and excitement, only to come to the stark realization that real estate investment is not the get-rich-quick…
4 Types of Win-Win Partnerships That Will Help Grow Your Business
“In this world you’re either growing or you’re dying, so get in motion and grow.” – Lou Holtz Scary to think that is the reality, but isn’t it the truth? It…
