From Our Vallarta and Riviera Nayarit News & Real Estate Blog

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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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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Property managers wear a lot of hats. We’re experts—or at least skilled amateurs—in everything from home remodeling to marketing to debt collections. And from time to time, we have to go above and beyond in one or more of our areas. For example, when you do an occupancy check on a tenant who’s behind in […]

View the full article: The Art of Skip Tracing: How to Track Down Tenants Who Owe You Money on on The BiggerPockets Blog. This content is Copyright © 2015 BiggerPockets, Inc. All Rights Reserved.

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Many a new real estate investor jumps into the endeavor with much passion and excitement, only to come to the stark realization that real estate investment is not the get-rich-quick scheme many gurus claim. Yes, we all know that going in, but the many barriers between starting and success become disheartening and begin to make […]

View the full article: Newbies: Getting Discouraged Early On? Here’s How to Rekindle Your Passion! on on The BiggerPockets Blog. This content is Copyright © 2015 BiggerPockets, Inc. All Rights Reserved.

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Real estate investing is a BIG field, and there are hundreds of ways to build wealth. However, according to our guest today, the riches are in the niches! On today’s show we sit down with Bill Syrios, an investor from Oregon who specializes in the incredibly lucrative field of student housing (as well as numerous […]

View the full article: BP Podcast 140: The Riches Are in the Niches with Bill Syrios on on The BiggerPockets Blog. This content is Copyright © 2015 BiggerPockets, Inc. All Rights Reserved.

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The formula for building wealth in the apartment space seems pretty straight forward: Buy an under-performing asset Increase the top-line revenue Decrease expenses as much as possible Pushing the top-line and compressing the middle (expenses) increases the NOI, which capitalizes into higher value. That’s the theory, and if you execute correctly, the theory does work. […]

View the full article: The Costly Mistake Most Investors Make When Underwriting Apartment Expenses on on The BiggerPockets Blog. This content is Copyright © 2015 BiggerPockets, Inc. All Rights Reserved.

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Savvy investors know that finding properties with the highest return on investment potential often means researching and scoping out off-market deals. If you’ve been thinking about joining the ranks of investors taking advantage of hot fix and flip markets across the country and aren’t confident you know where to find the best deals or don’t […]

View the full article: 6 Insider Hacks for Finding Profitable Off-Market Real Estate Deals on on The BiggerPockets Blog. This content is Copyright © 2015 BiggerPockets, Inc. All Rights Reserved.

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What is the difference between successful and average? Why do successful people seem more relaxed and less stressed, and yet they accomplish so much more? All too often we believe that success comes down to willpower. We are brought up thinking of work as having a direct correlation to success. Therefore, more work equals more […]

View the full article: Why the Happiest, Most Successful People Say “No” to Almost Everything on on The BiggerPockets Blog. This content is Copyright © 2015 BiggerPockets, Inc. All Rights Reserved.

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