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.
“Devotion to the truth is the hallmark of morality; there is no greater, nobler, more heroic form of devotion than the act of a man who assumes the responsibility of…
While I often advocate investing in your hometown, investing in real estate does not necessarily mean you are forever locked into that one place. I have heard many stories of…
Every Real Estate investment seminar I’ve attended and every business book I’ve read has talked about the importance of business systems. The ideas were groundbreaking, yet I couldn’t find anyone…
When I first became a landlord, I assumed that multi-unit properties would generally be the best investments. I imagined myself exclusively owning triplexes and quad-plexes. But as the years have…
How nice should you make your rental properties? Imagine that it’s time to renovate or improve your properties, and you need to make some choices. Do you buy the cheapest…
Ask ten architects to design a project and you’ll get ten completely different designs. These designs (and their budgets and construction limitations) could make your project a resounding success or…
What would you do if someone was willing to contribute $200,000 to help you invest in a multifamily property? Your first thought would be; what’s the catch? They tell you, you must…
It is Memorial Day weekend, the unofficial beginning of summer. The time when many go on or start thinking abut vacations. One of the most difficult things about being your…
In last week’s article I talked about successful delegation and outsourcing; the big picture in other words. This week I wanted to really go into what your duties and responsibilities…
Most real estate investors are terrible at delegation. We are slow to delegate for a variety of reasons. Most likely it is because of one of these reasons: Money; “I…
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After you have created an Excel worksheet with all the appropriate formatting and correct formulas, what is left but to view the results. Just as there are many ways in…
Microsoft Office’s most used applications are: Word, Access, PowerPoint, OneNote, Publisher and Outlook. One of the most used applications is Excel. Real estate investors need an application that can analyze…
