How To Build Effective Systems In Your Real Estate Business
If you are like me, I suspect you’ve heard a good number of gurus, or even seasoned, well-meaning investors, give the following advice in some form or fashion: “Systems and…
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.
If you are like me, I suspect you’ve heard a good number of gurus, or even seasoned, well-meaning investors, give the following advice in some form or fashion: “Systems and…
Getting your real estate license doesn’t automatically make you a good real estate agent. Building a real estate business takes grit and dedication to doing the same things over and…
If you’re anything like me, you grew up believing rental properties were inherently profitable. Within that belief, you likely didn’t know how they made money, just that they did. Well,…
Have you ever wanted to own a cash-flowing rental with rent guaranteed for the first year? Well, with Doorvest, it’s possible. When using Doorvest, a property is acquired by Doorvest,…
If you aren’t careful, you can end up overpaying on your premiums—or even end up paying for policies that you don’t need to pay for. It happens to a lot…
Real estate is a business of referrals. When a real estate agent does business well, they will create a portfolio of referrals that will do the talking for them. But…
No one likes paying taxes. That’s why it’s important to do some tax planning each year to ensure that you’re not missing out on deductions. One powerful strategy that may…
Fires and floods and earthquakes and landslides show how unpredictable Mother Nature can be. Recent natural disasters have caused real estate investors to stop and think about what protections they…
An estate plan lays out how a deceased person’s money and other assets will be distributed when they head to the great beyond. Deciding these matters ahead of time is…
Home concierge started as a way to lend money to homeowners for updates before selling. It has evolved to mean much more. Now, companies offer a full-service concierge service where…
Whether you’re a landlord with experience managing properties or you simply enjoy the industry and want to be more involved, owning a property management company could be a lucrative opportunity.…
Good property management is essential to good tenant relationships and business success. It can lower the investment risk and maximize the return on investment. In fact, for some landlords, investing…
Joint ventures allow their members to share in both risk and reward. Here's what real estate investors should know before signing an agreement with a potential partner.