To Leverage or Not to Leverage – This is the Question…
There is always a lot of discussion within the real estate circles on the subject of high leverage; specifically the issue of how high is too high. Let me come…
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.
The Real Secret in Real Estate Investing Is …
BiggerPockets.com exists as a ground-floor resource center, a “how to” relative to all things real estate investing and, in the opinion of this author, BiggerPockets proves its’ worth every day…
15 Important Things to Watch For on Your HUD-1 Settlement Statement
I remember how daunting the HUD 1 settlement statement seemed when I was first getting started in real estate. Trying to figure out what boxes to add together… it just…
One Spreadsheet To Rule Them All: Building A Lighting Fast Lead Analyzer
An important part of real estate investing is learning methods to increase the efficiency of your everyday business processes. The more efficient your business becomes, the more deals you acquire,…
Buying a Vacation Home as an Investment: Fun, Sun, and Income?
I’ve heard it a million times, heck, I’ve even said it myself, “I am going to buy a house on a beach, and rent it out when I don’t want…
Surviving the Hell We Call Property Management
To invest out-of-state or to not invest out-of-state? That is the question. You mean I might have to trust someone else to take care of my property? Have you lost…
Why the Speed of Implementation Is Critical To Your Success and How You Can Improve
If you spend any time at all networking with other real estate investors, you already know that business has changed over the past couple of years for just about everyone.…
Profits, Passion, and Partners: The Best Relationship You Never Had?
Imagine you’re sitting in a movie theater, excitedly picking at your popcorn as a move trailer for the latest film arises on screen. “A tale of betrayal” (clip shows man…
Non-Conforming Uses: A Primer for Real Estate Investors
In my previous primer on zoning, I explained how zoning creates a type of rigidity where a single zoning classification is often overlaid on a variety of land uses. This…
Finding Fair Market Rents & Vacancy Rates: Boots, Clipboards, And REAL Research
I won’t quote something I recently came across, so as not to embarrass anyone. They were surely well meaning. But seriously, some of what I’ve read lately about establishing rents…
Six Clauses Essential for Every LLC – Part 1
A properly drafted operating agreement can greatly enhance the liability protection. An improperly drafted operating agreement will do the opposite, leaving creditors a superhighway of access to the assets. The…
Are You Sure Your Independent Contractors Really Are?
As a real estate investor — and especially if you’re a house flipper — you will no-doubt be hiring a lot of independent contractors to support your business. And I’m…
6 Rules for Managing Your Contractors
In my opinion, the most difficult aspect of being a first-time house flipper is managing your contractors. Perhaps it’s because I came into this business with no construction experience, or…
