5 Red Flags to Watch For When Hiring a Property Manager
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…
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.
How to Find an Awesome Property Manager
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…
Another Way to Use Real Estate Debt Wisely
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…
How Seinfeld’s Simple Productivity Method Can Help You Grow Your Business
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…
Understanding The Basics Of Property Management
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…
Top 3 Real Estate LLC Myths: Busted!
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…
4 Steps to Reduce Your Rental Property Expenses by $100 per Month
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…
Rent to Section 8 or No?
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…
5 Simple Reasons to Use Arbitration Instead of Lawyers
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…
7 Must Know Items When Using Independent Contractors for Your Real Estate Business
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,…
Using a Virtual Assistant in Your Real Estate Investing Business
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…
When To Hire a Property Manager
When I think of Property Management, I think back to when I first started investing in real estate. It was 1989 and I was working full-time for a painting contractor,…
Risks Associated with Lease Options
I’ve long been a proponent of lease options … in fact I’ve structured over 150 lease option or lease purchase deals over the last few years. From an investors standpoint,…
