BiggerPockets Wealth is designed for you: The investor seeking MORE! This new magazine provides exclusive information that you won't get anywhere else on BiggerPockets—like more connections, more inspiration, and more data-driven investing advice for your next big investment move.
Thursday, February 27
Real estate investing is not the "get rich quick" scheme many seem to think it is. While you can make a good profit off of one project, but you have to continue the process over and over again.
Successful real estate investors are in it for the long run, planting seeds in the beginning to grow th...
Too many investors don't know their costs when going into a fix and flip. Get a more accurate profit prediction starting with your purchase price and adding:
-- Purchase costs, usually 4%
--Financing costs, usually about 10%
-- Holding costs, including utility bills, which us...
Thursday, February 13
Working with a real private or hard money lender rather than an institution can make funding your next real estate investing project a lot easier. We believe there are 3 main benefits to using a hard or private money lender.
1. They're local so not only can you meet them in person but they can al...
Wednesday, February 05
A key point in our new book, Property Hackers, is to learn and then execute. Once you learn something new, you should immediately try to implement that concept into your business or personal life.
This concept is the key to success in any business, especially real estate investing! Learn more wit...
Wednesday, January 22
Don't quit your day job! It's not necessarily a bad idea to quit your job to focus on real estate investing but it may be better to keep that second source of income.
A second stream of income can make your assets grow faster because you may have more to invest. Those extra investments whether th...
Wednesday, November 27
Focus on quality over quantity when it comes to real estate investing. It doesn't make sense to do more deals at a lower profit when you could be doing fewer deals at a higher profit for the same amount of money.
The best investors keep their business small while working a few deals at a high pro...
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