I always talk about becoming a master transaction engineer, and that means knowing how to handle any deal that comes your way. Real estate is forever evolving, so it’s important not to be pigeon holed into one particular technique or niche. Here’s one way to step out of the box.
Whether you’re looking at a new deal or managing an existing one, your NOI’s your bottom line. It’s your indicator of asset value. It’s what lets you know, ultimately, whether you have a good deal on your hands or not.
Think the 2% Rule sounds like a golden standard? Here’s how so many new investors get tripped up by low-income properties that look great on paper.
A combination of historic low interest rates and rising housing values has made refinancing investment properties a hot topic among real estate investors. We have refinanced about 40 properties now and have learned a lot over the years. Here is our guide to the successful refinance.
In this post, we’re going to go in the opposite direction and look at the biggest possible picture—the entire sales funnel, from top to bottom, and all of the links in between.
By the time he got serious about paying down his debt, it totaled $95,000. PT decided to journal his experiences on a blog he called PTMoney.com. And something amazing happened. He found his tribe.
So many people think they can “fake it until they make it” when investing in apartment buildings. In my experience as an investor, you need to be prepared to be successful and effective in this business. You need to have things in place before investing in apartment buildings.
G’Day, everyone. I hope you’re well and that you had a great Easter holiday. It’s time to get back into…
Although we were making awesome money on a regular basis, I was feeling literally broke. Our system and our budget wasn’t working. We were literally paying these credit card bills in increments and could blow more than five figures on a monthly basis. So embarrassing. Something had to change.
Why do so many real estate deal sponsors fail — while others seem to effortlessly raise and close deals? In my experience, these are the catalysts that have caused sponsors, real estate syndications, and crowdfunding campaigns to fail (or at least not meet projected expectations). Read on!
As a real estate investor, the challenge in today’s competitive market means that you need to use every weapon available at your disposal to build your business. One of the best ways to do this is by using new technology that is available to every investor.
With so many areas undergoing revitalization, the idea of renovating a distressed property in an up-and-coming market seems attractive. But is it worth it?
Everyone else on BiggerPockets is wrong. That’s right, you read it here first. With one exception I will discuss in a moment, new and intermediate investors are better served by shorter amortization loans. There are several reasons.
Warren Buffett says that almost all investors are under a spell. And after reading his commentary, I realize that I’ve been under a spell for a lot of my investing career. Here’s how to drop the spell to make more money now!
When starting in real estate, it’s best to choose a focus. I decided to help working people in my community live in nice, affordable homes. Here’s why.