New Construction vs. Older Homes: Which is the Better Investment?
You’re ready to buy your first (or next) investment property, but you’re not sure if you should opt for a newly built property (anything constructed in the last 10 years)…
Investing For Beginners
Are you just getting started on your real estate investing journey? This section of the BiggerPockets Blog might be just the thing you are looking for then. We have hundreds of articles designed to help newer investors launch their investing careers into orbit. If you are ready to introduce yourself to the world of real estate then check out the articles below, containing information on everything from saving up for your first purchase, finding the right agent, to screening your first tenants. If you are new to real estate investing, then these articles, written by seasoned investors with decades of experience, are just the thing you need! Oh, and for more discussions and introductions from other investors that are starting out, it might be a great idea to engage in our Starting Out Forum. This is a welcoming place where new investors can learn and formulate strategy while receiving feedback from seasoned investors and each other.
Newbies: You Should Focus on Your First Deal And Nothing Else. Here’s Why.
I want to talk to you today about the importance of focusing on doing your first deal. You may have ultimate end-goals like quitting your job, working for yourself, securing…
The Investor’s Guide to Finding Profitable Deals on the MLS
When I first started in real estate back in 2005, the common wisdom was there were no deals to be found worth buying on the MLS. This was partially because I…
7 Brilliant Tools to Help Find Your Next Investment Property
Real estate has picked up, and once again it is cool to be an investor. Everyone has their favorite way of finding that next deal: driving for dollars, yellow letters,…
Newbies: These 3 Simple Steps Will Prepare You For Your First Deal
Many years ago, when I was learning to trade stocks and options (which I subsequently did for a couple of years but no longer do), you are taught to “paper-trade,”…
5 Items Investors Overlook When Performing Due Diligence
Due diligence is one of the most important things to master when it comes to real estate investment, yet it’s often one of the things that’s most neglected. It’s boring and no…
New to Multi-Family Valuation? This Awesome Program Can Help!
If you’ve been around the proverbial BiggerPockets block a time or two, you’re aware of the fact that commercial multi-family properties are valued differently than single-family homes. Whereas a single-family…
How to Define Systems & Build a Team When Investing in Real Estate Notes
It seems like it was just yesterday when I started out as a note investor. In the beginning, I was mostly investing in real estate rental properties, and I was…
What Mortgage Lenders Look For When You Apply For a Loan
At some point, everyone dreams of being a homeowner. It’s a beautiful goal, but the process of getting there isn’t quite as pretty, especially when it comes to applying for…
The Importance of Reserve Accounts (Or What a Surprise Roof Replacement Taught Me)
I feel like I read Forum posts constantly talking about how important or unimportant reserves are. Are they really necessary? Why not apply that cash to whatever I purchase, giving…
5 Powerful Business Books That Changed the Direction of My Life
(I wrote this post originally for Entrepreneur.com, and they have been gracious enough to let me repost it here for the BiggerPockets audience. Here’s the original.) Quiz time: Can you…
Real Estate Coaching or Mentorship: As a Newbie, Which is Right for You?
How many times have you thought about buying a coaching program? How many times have you asked yourself, how do I find a mentor to help me get started as a…
What You Should Know About the Roles of Inflation & Appreciation in Buy & Hold Income
When most people think about building wealth, they envision putting money in their savings accounts or adding to their 401Ks. I think that’s awesome, but it’s slow and won’t get…
