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.
In last week’s podcast, Michael Woodward talked quite a but about systematizing his business. Two of his favorite books, The E-Myth Revisited and The 4-Hour Workweek, both talk about creating systems…
I like to have a lot going on in my life- both personally and in my business. I used to think I wanted to work hard to someday get to…
Last week I wrote an article about the basics of property management. I thought it would be good to expound a little more this week and discuss some of the…
The other day, one of my blog readers emailed me to say: “I just turned 48. My husband and I have accumulated 26 rental units (single-family and duplexes) over the…
What do you think of “debt?” More so in recent years, debt has been viewed as more of a “bad thing” than “good.” Examples such as sovereign countries being overrun…
I heard this explained recently on Internet Business Mastery’s podcast – as well as saw it on LifeHacker.com and felt compelled to share it with BiggerPockets readers. Jerry Seinfeld, actor…
Many buy and hold real estate investors decide early on that managing their own rental properties simply isn’t worth the time and effort. This is especially true for investors that…
I love that show with the geeks that use science to prove of disprove myths. As a card carrying geek myself, it’s fun to watch what is and isn’t true…
In case you haven’t heard about the $100 Expense Reduction Challenge, let me bring you up to speed. In March 2013, I dared BiggerPockets Nation to reduce their rental property…
This question comes up a lot – and a year or less ago if you had asked me if I wanted Section 8 tenants I would have adamantly said “no…
Arbitration (from Investopedia dictionary) is defined as: An informal hearing regarding a dispute. The dispute is judged by a group of people (generally three) who have been selected by an…
You may be aware that as an investor in the real estate business, you can save tons of money each year in taxes by hiring independent contractors rather than employees,…
As an investor, it’s important to understand what your time is worth. To really grow your real estate investing business, you will inevitably have to delegate certain tasks to other…
