I Have a Question for You

I went to see my commercial lender last week.  The company account into which I deposit my rents happens to be in his bank, which by the way is not an accident.  This is a bit off topic, but pay attention: Finance is a relationship business – it doesn’t hurt to have a few bucks […]

You Need 2 Plans – Trust Me!

The following is a guest post by Jimmy Moncrief of realestatefinancehq.com .  As an underwriter, one of the most dangerous things you can do is to make assumptions.  As they say – assumption is mother of all foul-ups.  However, for this article I’m going to make two assumptions: First of all, as a fellow reader […]

Family, Friends, and BiggerPockets

In the world of investing and financial blogging we are accustomed to measuring success in terms of money money. I may, for example, write an article detailing an acquisition of a 10-unit building with monthly NOI of $3,400 and cash flow of $1,000 for $373,500 which 8 months later is showing an NOI of $3,850 […]

3 Components of Successful Business

Television in general may not be the best place to get better at real estate investing. One major exception is the CNBC show called The Profit. The show follows the CEO of CampingWorld – Marcus Lemonis, who has built an empire of over 100 business. In his reality show, various businesses applied to be on […]

How to Determine Value in Real Estate

A few weeks back in an article entitled What is Due-Diligence and HOW Do I Do it I told you about an eBook that I had written examining the concept of Value as it relates to acquisition of Multi-Family income-producing real estate. In 13 Steps to Valuing Your First Multiplex I considered the subject of […]

Sharpening Your Sword with Coursera.org

“See the sad thing about a guy like you, is in about 50 years you’re gonna start doin’ some thinkin’ on your own and you’re gonna come up with the fact that there are two certainties in life. One, don’t do that. And two, you dropped a hundred and fifty grand on a…education you coulda’ […]

How to Get the Most Out of Your LLC

What is the point of having an LLC if it doesn’t do what it is intended to do? And yet so many people mess this up… In today’s article I will outline for you the key rules and concepts to live by relative to your LLC in order to ensure your asset protection plan is […]

Functional Obsolescence

There are subjects and talking points in real estate that are easy, such as talking about how much money we can make, or how we are so good at negotiating that we get a steal on every property we buy. Those are easy and engaging topics, but sometimes I feel as though in the heat […]