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I read a jaw dropping article this week seen here on Elite Daily. Simply put, I was blown away at the financial irresponsibility the author maintains. As an investor, if this doesn’t make your blood boil, I don’t know what will. I’m honestly not sure if this article is satire, but I’m going to assume […]

View the full article: I Just Read an Article Promoting Appalling Financial Irresponsibility: Here’s What That Says About Us As a Nation on on The BiggerPockets Blog. This content is Copyright © 2015 BiggerPockets, Inc. All Rights Reserved.

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James Altucher has a podcast that I enjoy occasionally. One of the things he said was some of his greatest mentors were people that he has never met, but their words on paper had a profound impact on his life. I can relate to this. There is so much great information in books. The two […]

View the full article: The Simple Business Book Tip That Dramatically Reduced Errors in My Company on on The BiggerPockets Blog. This content is Copyright © 2015 BiggerPockets, Inc. All Rights Reserved.

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In real estate markets where properties are hot, particularly in places like Houston and Dallas where my companies operate, competition among homebuyers can become pretty steep. In markets like Los Angeles, San Fransisco, New York City, Miami, Chicago, and so many other hot areas around the country, buyers are dealing with the negative side effects […]

View the full article: How to Handle Real Estate Bidding Wars & Escalation Clauses Without Losing Your Cool on on The BiggerPockets Blog. This content is Copyright © 2015 BiggerPockets, Inc. All Rights Reserved.

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There are many ways to make money in real estate. Long term rentals, REITs, long range investing, bird dogging, fix and flipping, and wholesaling are all ways to put your money in real estate and generate returns. Though none of the investments guarantee easy money or quick returns, some are definitely faster than others. So […]

View the full article: The 3 Quickest Ways to Make Money Through Real Estate on on The BiggerPockets Blog. This content is Copyright © 2015 BiggerPockets, Inc. All Rights Reserved.

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As many newbies quickly realize, there are tons of strategies and differing opinions about where, when, and how to invest in real estate. There are many BP blog articles written on the dangers of buying “cheaper” properties and properties in urban communities. Clearly, you need to be careful and conduct your own due diligence on whichever path […]

View the full article: Want to Invest in Urban Communities? Read These 3 Crucial Tips First! on on The BiggerPockets Blog. This content is Copyright © 2015 BiggerPockets, Inc. All Rights Reserved.

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Buying cash flow properties is one of the greatest ways to build wealth. To do this right, you have to buy smart. Run your numbers, that’s what we say. But how do I exactly do that? This is what we are going to explore. A good way to do this is to determine the Capitalization […]

View the full article: The Investor’s Complete Guide to Calculating, Understanding & Using Cap Rates on on The BiggerPockets Blog. This content is Copyright © 2015 BiggerPockets, Inc. All Rights Reserved.

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People across the internet are always coming up with little cute sayings that sound good. One of the latest ones is “the average millionaire has 7 income streams.” Let’s say that it’s true… I’m quite sure these people mastered one stream, then went on to the next. Unfortunately, that is not explained. I see many people […]

View the full article: Why Investors Should Create Multiple Streams of Income Within Real Estate on on The BiggerPockets Blog. This content is Copyright © 2015 BiggerPockets, Inc. All Rights Reserved.

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Walking around Costco this week, I realized that Halloween stuff has already come out in the stores. Is it just me or do the holidays seem to come faster and faster each year? Speaking of Halloween, this week I wanted to share a tax-related horror story that happened to a brand new client of mine. […]

View the full article: How an Investor Missed a $100K+ Tax Deduction (& How You Can Avoid This Costly Error!) on on The BiggerPockets Blog. This content is Copyright © 2015 BiggerPockets, Inc. All Rights Reserved.

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One of the beautiful things about owning single-family rental properties is that for the most part, we as landlords don’t have to worry too much about utility bills, especially in comparison to the utility challenges of multi-unit properties. We can still run into lienable water or even lienable gas (in some places like Philadelphia), but […]

View the full article: Why Landlords Should Reallocate Utilities to Improve Net Income on on The BiggerPockets Blog. This content is Copyright © 2015 BiggerPockets, Inc. All Rights Reserved.

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