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.
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…
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…
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…
Virtual assistants can be incredibly useful to your real estate investing business. I truly believe that the ability to successfully delegate (including knowing when and what to delegate) is key…
In the current economy subject-to’s are the best way to make money. Yes, a lot of people have terrible loans that you can’t do anything with. However, remember this business…
While visiting the Starting Out Forum here on BiggerPockets, I read through a thread titled “LLC Controversy”. Instead of responding to the thread directly, I decided to write this blog…
True Story: Jim and Susan Jones were selling their home in Florida and relocating to Pennsylvania. They had entered into an agreement of sale with a buyer for their home…
Purchasing a condominium is a popular choice for homebuyers of all ages who wish to dispense with the expensive and seemingly endless responsibility of maintaining a home. Although living in…
I was talking to some friends who were looking at purchasing a condo together. They wanted to know what I thought about the premise of them owning a rental property…
Picking a great property manager for your rental properties is one of the most important tasks you’ll undertake, once you’ve actually found a good rental. In searching for a manager,…
