Blog Profile / Bigger Pockets
| URL : | http://www.biggerpockets.com/renewsblog/ | |
|---|---|---|
| Filed Under: | Business & Finance / Investing | |
| Posts on Regator: | 3633 | |
| Posts / Week: | 13.5 | |
| Archived Since: | March 20, 2008 | |
Blog Post Archive
How To ‘Survive and Thrive’ With a Real Estate Partnership
What are partnerships? Have you ever thought about what it really means to have a partnership and what does it mean in the real estate business? I can tell you that partnerships can be both hard and easy and sometimes in the same day! While there are many different ways to make money in real [...]Show More Summary
How To Take Your House Flipping Education To The Next Level
Last week, in my BiggerPockets podcast interview (which I thoroughly enjoyed doing), I mentioned something that I thought about for days after. The more I thought about it, the more profound it really was. What was mentioned was that it is time for many people to step away from the computer and take their education [...]Show More Summary
What Do You Think of Beginners Owning Out-of-State Rentals?
One of my blog readers emailed me to ask: “What do you think of owning out-of-state rental property? I live in WA state, and inspired by your blog posts, I am looking for rentals to invest in Atlanta. Do you think this is practically do-able?” The short answer: It’s definitely do-able. But it may or [...]Show More Summary
Cabbage, Onions and ….What’s In That Crate?! A Story of Drugs, the DEA, and Real Estate Investing
I think most real estate investors would agree; you just never know what is going to happen in this business on any given day. Or another way of putting it would be “there’s never a dull moment”. It doesn’t matter if you invest in single family homes, commercial properties or really even if you are [...]Show More Summary
Dealing with Unethical Clients: A Story of Deceit in Real Estate Note Buying
A few weeks ago, I painfully lost a deal on a real estate note in Texas. The client note holder (Mr. B) and I had agreed upon a price, my company had reviewed the documents, and an appraisal and title commitment had been ordered. Then, the buyer of the property missed a payment, which dramatically [...]Show More Summary
Tenant or a Professional Bum – Do You Know How to Tell?
A go-to favorite in the Leybovich household is a romantic comedy Hitch starring Will Smith, Kevin James, and Eva Mendes. In one of the scenes early in the film Hitch, played by Will Smith, is shooting pool with a buddy at one of New York City’s high-class up-town bars. Hitch takes a shot, which rattles [...]Show More Summary
Is Now the Time to Buy? How to Determine if Your Market Is Worth Buying In.
In 2002, Robert M. Campbell dedicated his book, Timing the Real Estate Market, to the millions of home buyers and sellers who every year regretfully say, “if I had only bought (or sold ) a year or two earlier, I would’ve made a killing.” Just as cash-flow is more important than appreciation to most Real [...]Show More Summary
Warning: How to Handle a Real Estate Investment Gone Bad!
Real Estate investing is a numbers game – and a loss is a matter of statistical probability. Over time as you invest in deals you will become involved in a deal that turns into a loser. A loosing deal is no fun as it strains your relationship with investors, lenders and impacts your personal cash [...]Show More Summary
Capitalizing On The Emerging Vacation Rental Industry
This past weekend I joined 300 of the world’s most proactive vacation rental owners and managers at the HomeAway Summit in Scottsdale, Arizona. HomeAway is the world’s largest vacation rental conglomerate and their clients are individuals who rent properties out for profit in one of the most exciting investment niches of the future. For investors [...]Show More Summary
Are You Losing Battles To Win The War?
For real estate investors, the daily battles are all of the issues we must face, from sellers to contractors, to buyers, and on and on. The war we are fighting is to achieve our WHY. It’s the reason we do this day in and day out, the end goal, if you will. Ego’s Cost Us Millions! [...]Show More Summary
“So You’re a Slumlord!” (How to Respond…)
How many of you have been here before? You are making small talk at a party or other social gathering and someone asks, “What do you do?” I do not try to hide anything and am pretty proud of what I have accomplished so I usually will tell people something along the lines that I [...]Show More Summary
California Housing Market Made Exceptional Gains Last Month
Considering that the West Coast was the functional ground zero of the 2008 housing crash, it’s always heartening to hear that California’s property sector continues to stabilize. While much of California’s most sought-after property is condensed in urban areas, and city markets have shown some of the strongest rebounds in the past two quarters, it appears that [...]Show More Summary
7 Things That Make You Look Ugly as a Real Estate Investor
How long do you spend on your hair each day? You don’t actually have to answer that question, unless you want to in the comments below (hint, hint.) I ask the question because I know a lot of people spend more time on their hair than they do eating breakfast, brushing teeth or talking with [...]Show More Summary
How I Lost a $300,000 House Flip
He who hesitates is lost… The early bird catches the worm… Don’t step over the dollar to pick up the nickel… In house flipping, all these sayings are true. And if I had listened to any of them, I’d have a $300,000 house flip in my pocket right now. Now THAT is the true meaning [...]Show More Summary
How to Flip Houses in Five Steps (With Video)
House flipping is awesome, right? I mean – it’s exciting, rewarding, liberating, and it can make a lot of money. However, it also can be dangerous if you don’t follow certain steps or if you do those steps out of order. If you’ve ever watched one of those “flipping shows” – you know exactly what [...]Show More Summary
Real Estate Investing is Just like Surfing.
I feel obligated to write an article with reference to surfing since I have finally decided to take that leap and learn the sport. I mean, I do live in Venice Beach, so it would be a waste to not know how to, right? Check out my new board! In the picture. It’s almost sad [...]Show More Summary
Investing in a Boomtown : North Dakota Real Estate Investing
This past January I was on a long road trip and I decided to add North Dakota as part of my visit. It was mainly out of curiosity as I had heard about the Bakken Field oil boom and how it was changing the state economically. Interestingly, when I tried to book a hotel in [...]Show More Summary
Don’t Break this Cardinal Rule of Development
We’re supposed to love what we do. “Follow your passion,” they say! Passion and love for the craft are what drives us in whatever we pursue. If you’re on this site, it’s a no-brainer to say you’ve got some love for real estate. Yet this passion, when misaligned with our fundamentals and intuition, can take us [...]Show More Summary
Tracking the Big Dogs: The Hedge Fund Invasion of Atlanta
During the Civil War, Atlanta was the site of a major battle that sealed the fate of the Confederacy. Once again, Atlanta is at the center of a major struggle. This time the invaders are huge institutional investors, or “hedge” funds, and smaller real estate investors are losing ground fast. You’ve heard the rumors, anecdotes [...]Show More Summary
Understanding the Expenses and Tax Implications in an EIUL
Expenses in an EIUL are a big deal because most agents won’t structure the EIUL properly to minimize them. When properly structured, they should be between.5% and 2%. They are also hard for the layman to understand because most are trained to look for expenses like they are in mutual funds. Because it is [...]Show More Summary