Ever considered buying a hoarder home as a real estate investor? Here are 5 risks of investing in a hoarder home, and how to mitigate each one.
View the full article: Are Hoarder Houses a Good First Investment or a Potential Nightmare? on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.
In today's video, I'm going to go over each step showing you the way to build an enormous private money network. We'll cover the basic to advanced stages of this process.
View the full article: How to Build a Million-Dollar Network of Private Money Investors on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.
Choose the healthy, wealthy, happy path that will leave you better off. And once you go for it, optimize for happiness, health, and wealth without apology.
View the full article: No, You Are NOT Going Too Far in Pursuit of Financial Independence on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.
Do the terms "cap rate," "NOI," "repositioning," and "value-add" have your head spinning? Learn to wrap your mind around these important real estate concepts here.
View the full article: 5 of Your Most Burning Questions About Cap Rate, NOI & More—Answered on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.
People think outsourcing is a luxury only available to large operations. But the truth is that outsourcing early makes you money because it buys you time.
View the full article: 4 Reasons DIY is Dead (An Argument for Outsourcing Everything) on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.
Are you happy with the current state of your real estate business? If you’re like most people, the answer is no. On today’s show, we interview property management superstar Jesse McCue and dig deep into how he’s became Maine’s top property manager as well as a successful RE investor along the way.
View the full article: BiggerPockets Podcast 294: Meet Property Management Extraordinaire, RE Investor & Hotel Owner Jesse McCue on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.
Retirement can be done right in my opinion. But if you just retire because you've hit the age of 65 and now you're eligible for social security or whatever... well, that could be very bad. Here's why.
View the full article: Why Financial Freedom Can Be Highly Overrated—And Not Necessarily Lead to Happiness on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.
Traditional LLCs are just fine, and they're useful entities to be sure. However, they do have their limits. That's why we are such big fans of the Series LLC—there's no denying that its features make it a much wiser choice for the savvy, forward-thinking investor.
View the full article: The Traditional LLC vs. the Series LLC: Which is Better for Real Estate Investors? on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.
Being a self-managing landlord can be more of a nightmare than a dream come true when multiple properties are involved. Here's why.
View the full article: 5 Reasons You Don’t Want to Be a Landlord of Multiple Properties on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.
If you listen to the BiggerPockets Money Podcast, you might think it is spending less money. If you are a fan of Grant Cardone, you might think the answer is to make more. Read on to find out!
View the full article: What’s a Better Financial Strategy—Making More or Spending Less? on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.
Tech. Tech. Tech. It's all the rage since Amazon started shopping for their second location. And since Denver remains a potential Amazon city, I thought it would be interesting to analyze popular, emerging tech cities for their investing attractiveness.
View the full article: Best Tech Cities for Real Estate Investing: An Analysis of 6 Cities on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.
Fixing and flipping houses looks cool on "reality" TV, but in actuality, many are finding that it isn’t nearly as profitable as what it is perceived to be.
View the full article: Why I’ll Never Fix and Flip Houses Again on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.
What I propose today is that we create a new bucket list—a financial bucket list that isn’t unattainable, that doesn’t require huge financial expenses that you will never recoup, and that puts you on track for a lifetime of success.
View the full article: 10 Financial Tasks to Tackle Before 30 (So You Can Afford to Start Your Actual Bucket List!) on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.
NUDE by Battistella is a new condo development located in Calgary’s most dynamic neighbourhood, the West Beltline. This project will offer 177 homes, sizes range from 400 sqft to 800 sqft. Inspired by timeless architecture, NUDE reflects a considered aesthetic where symmetry and articulation combine to create a simple and calm elegance.
The post NUDE by Battistella in Calgary appeared first on Vancouver New Condos.
Rare opportunity to own two premier new purpose-built rental building in British Columbia’s fastest growing municipality. Langford Towers features two buildings on separate property titles. A shared underground parkade with 137 spaces joins the buildings and includes right-of-way easements. Offers will be considered for Tower A, Tower B or both buildings combined. Preference will be given to offers for both buildings combined.
The post Langford Towers in Victoria appeared first on Vancouver New Condos.
Park George by Concord Pacific is a new twin tower condo development located in the heart of Surrey. This project is the final phase of Concord Pacific’s Park Place community, features high tech residential amenities unique to Surrey city centre. Located in close proximity to transit, parks, shopping and urban conveniences, discover the exquisite offerings of Park George.
The post Park George by Concord Pacific in Surrey appeared first on Vancouver New Condos.
Want higher returns as a landlord? Make sure you're not doing any of these unreasonable landlord behaviors that ruin so many landlords' returns!
View the full article: 5 Unreasonable Landlord Behaviors (& How to Fix Them for Higher Returns) on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.
Graduating from college, Craig Curelop had amassed an impressive $25,000 savings account – AND $85,000 in student loan debt. Conventional advice is to pay off your student loans BEFORE investing. In this episode, we hear how Craig ignored this advice and started buying properties to House Hack in the hot Denver real estate market while [...]
View the full article: BiggerPockets Money Podcast 35: Hacking Your Life to Live for (Almost) Free with Craig Curelop on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.
Inspecting a tenant can be just as important as inspecting a potential investment. The best way to screen a tenant is to look at how they live — and if all is well, purchase the property!
View the full article: How to Boost Cap Rates by Buying Great Tenants on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.
Are you contemplating renting out a portion of your property on Airbnb? Here are 4 ups and 4 downs that should help you make your decision.
View the full article: 4 Pros and Cons of Airbnbing Your Primary Residence on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.
As a real estate agent for 30 years, I've realized that many people make their biggest mistakes with real estate between the ages of 25 to 35 years old.
View the full article: Plan to Sell Your Primary Residence? STOP… And Consider This First. on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.
Look, when you’ve been in the industry for as long as I have, you network with a lot of people and do a lot of deals—and then you get screwed. When you get screwed, you quickly realize who is screwing you and what traits they have. There are hundreds of traits that may be indicators [...]
View the full article: 3 Traits That Scream, “You’re Not Cut Out to Be a Real Estate Investor” on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.
Remember towards the end of 2017 when everyone was talking about tax reform? While many thought it was a done deal, those of us in the tax profession knew that the tax changes were far from being finalized.
View the full article: The Latest Tax Reform Update and What It Means for Real Estate Investors on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.
Are you contemplating renting out a portion of your property on Airbnb? Here are 4 ups and 4 downs that should help you make your decision.
View the full article: 4 Pros and Cons of Airbnbing Your Primary Residence on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.
Being a landlord seems to be the go-to for many new investors. However, this has been the worst decision that I ever made as a real estate investing newbie.
View the full article: Why Managing Your Own Properties is (Almost) Always a Huge Mistake on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.
I used to think investors buying deals while prices rose were stupid. But all through 2013, 2014, 2015, 2016, etc., people made a killing. I like to think of myself as a reasonable person. At some point, seeing the reality on the ground, I realized I was missing something.
View the full article: I Used to Think All U.S. Markets Were Too High—Until I Started Investing in This City on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.
If you can find a business with positive cash flow that is poorly managed, you’ve found the right one. Why is this? To put it simply: if the business generates cash with poor management, imagine what it can do with good management? It’s like adding rocket fuel.
View the full article: Why the Best Real Estate Deals Are the Worst-Managed Ones on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.
I believe the factors and effort it takes to become great at martial arts shares principals that directly relate to real estate. Today we explore connecting mixed martial arts, professional fighters, the mastery of something, and how it intersects with real estate.
View the full article: 5 Tips for Tackling Your Life With a Warrior Spirit on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.
To begin building real wealth, you'll need to change your habits and build important skills. This ONE simple tip will get you on the right path!
View the full article: One Simple Habit the Vast Majority of Wealthy People Practice Every Single Day on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.
Ever want to get inside the heads of other investors? Now you can! Check out some of the research I used to write the book Retire Early With Real Estate.
View the full article: 3 Lessons I Learned Surveying 851 Current & Aspiring Early Retirees on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.
As the wealth gap continues to grow, think about how you’re making your money, how it’s taxed, how much you get to keep & what your plan for the money is.
View the full article: How Debt & Taxes Make the Rich Richer and the Poor Poorer on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.
Have you ever thought about retiring early, traveling, and living your best life now? On today’s show, we interview Chad Carson, author of the new BiggerPockets Publishing book Retire Early With Real Estate. Today Chad shares how he and his partner were able to accumulate 90 units and live purely off the money generated by [...]
View the full article: BiggerPockets Podcast 293: How to Retire Early With Real Estate & Do What Matters More with Chad Carson on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.
The third R in the BRRRR strategy stands for Refinance, and a lot of people get hung up at this stage. So here is a step-by-step guide to getting your BRRRR property across the finish line.
View the full article: 5 Refinancing Steps You’ll Need to Complete for the BRRRR Strategy on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.
Real estate is an awesome investment. It is really essential. Still, there is something even more important for us all to invest in.
View the full article: What You Should Be Investing In (Besides Real Estate) on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.
Wake up when you want. Make whatever hours you keep count. Don’t feel guilty for sleeping in. Focus on producing results whenever you so please.
View the full article: Stop Telling Me I Need to Wake Up Early to Be Successful on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.
Tree House by British Pacific Properties is a new 11-storey & 12-storey condo development located in the master-planned community of Rodgers Creek. This project will offer 37 spacious luxury condos, sizes range from 1,847 to 2,804 sq ft.. Spaces grow and extend organically, forming physical connections to nature and creating outdoor living spaces. On the top three floors, the units branch out to form a canopy in the sky. These homes will be caught between the forest and the water, offering amazing views and experiences throughout.
The post Tree House British Pacific Properties appeared first on Vancouver New Condos.
How is it possible to buy a beautiful, debt-free home on 10 acres for full market value and not use a bank or any of your own cash? I know what the naysayers are thinking—that’s not possible. You’re correct—if that’s your expectation and you’re looking for excuses.
View the full article: How We Landed a Half-Million-Dollar, 10-Acre Estate with No Money Down on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.
I over did it on rental renovations and I'm paying for it, big time. You can avoid a similar fate by learning from my mistakes. Here's how.
View the full article: How to Avoid Renovation Mistakes on Your Rental Properties on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.
Durable as most toilets are, they all must be replaced at some point. It’s not even uncommon for homeowners to replace toilets that are still in good working order, because there are so many new features and designs to choose from. If your toilet is nearing the end of its useful life -- or if you’re just eager for a change -- there are lots of options waiting in store.
More Than One Way to Flush
Chances are you have a gravity feed toilet -- one with a rubber flapper at the bottom of the tank, which opens up and lets gravity do the work of flushing everything away. But there are a couple of other flush mechanisms to consider.
A pressure assisted toilet is a design that uses air pressure to produce a faster, more powerful flush. They’re more common in public toilets, but they can be installed in homes, as well. Pressure assisted toilets stay cleaner longer and are less prone to clogs. They can be much louder than gravity feed toilets and are more expensive to buy and install, however.
An increasingly popular alternative is the dual flush toilet, which has both a gravity feed and pressure assisted flushing system. With a dual flush toilet, you can use a water-saving gravity feed flush for liquid waste, or a bowl-cleaning, clog-busting pressure assisted flush for solid waste.
No matter which type of flush mechanism you choose, there’s also an option for a cleaner, easier way to flush: touchless flushing. Some new toilets feature touchless flushing right out of the box, but most toilets can be modified with an aftermarket touchless flush system. With touchless flush, users flush the toilet by waving their hand over a sensor. It’s a plus for homeowners who worry about germs, and it can be a big help to anyone who has trouble using a traditional flush handle.
Form Follows Function
There are all sorts of sleek and unusual shapes among designer toilets, but there are a couple of basic design elements that all toilet shoppers should think about before they buy: bowl height and bowl shape.
The bowl height of the standard toilet is 15 inches, but this can range from as low as 10 inches and as high as 20. Taller toilets can be beneficial for people with limited mobility, because they reduce the amount of effort it takes to sit down and stand up. If that’s not an issue, and if there are small children in the home, a lower toilet might work well for everyone. Lower toilets can also assist in assuming a squatting position, which is a beneficial posture when it comes to using the facilities.
As for bowl shape, there are two main choices: elongated and round. Elongated toilets have an egg-shaped opening and are considered by many to be more comfortable because they’re more spacious. Round bowls may be less comfortable by comparison, but because they take up less space, they’re still used in smaller bathrooms. If you’d like to split the difference, elongated toilets come in a variety of lengths that allow you to get the benefits of the oblong shape in a tighter space.
Use Less, Save More
Federal standards limit the flush volume of all new toilets to 1.6 gallons, which is a big improvement on older, unregulated toilets that used as many as five gallons of water per flush. But many toilets go even farther than that, and you can be sure that you’re buying a water-saving toilet by looking for the federal WaterSense label at the point of purchase.
Similar to the Department of Energy’s ENERGY STAR labeling program for energy efficient appliances, the WaterSense program designates plumbing fixtures that help you save water. Every WaterSense certified toilet uses 1.28 gallons per flush or less.
High Tech Toiletry
If you want your toilet to be a real conversation starter, you may want to look into smart toilets. Technology commonly integrated into smart toilets includes temperature-controlled seats, bidets and dryers, automatic flush, self-cleaning technology, LED lights and remote controls to use all the sophisticated features. It might be too much toilet for most, but it’s not every day that you get to buy a new toilet, right?
If choosing the right toilet is proving more difficult than you thought, or if you just need help installing the toilet of your choice, call up your [Link To Franchise] today.
You've heard it can't be done—but you may change your mind after reading this argument for why $30k rentals can be financed & profitable in certain areas.
View the full article: The $30k Rental Property: How to Finance & Profit From Cheap Real Estate on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.
With the help of a mortgage broker, Dubreuil was able to move into his new home at the beginning of the year. And with a three-year-old son getting ready to start school soon, he figures his family will be in their new home for many years to come.
The post Three Reasons to Use a Mortgage Broker in Vancouver appeared first on Team RRP.
If you want to buy a house in the next 12 months, then you need to start working on a team right now. You never know who will help you, what you’ll learn, and what other opportunities people will provide along the way.
View the full article: Newbies, if You Want to Land a Property Within 12 Months, You Need to Do THIS Now on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.
Rental comps are just as important as sales comps when looking at buying a property. Knowing how to find them and accurately assess them will directly impact whether you're able to achieve profitable deals.
View the full article: The Investor’s Guide to Pulling Realistic Rental Comps on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.
On today’s show we discuss the highest-probability way that a family can move toward financial independence—without stress and worry—while enjoying incremental freedoms along the way. We’ll also talk about all-cash real estate investing, where to park your money as you save up for a large real estate investment, and how families can find ways to [...]
View the full article: BiggerPockets Money Podcast 34: The Low-Stress, Surprisingly Simple Way to Pursue Financial Freedom with Andy Hill on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.
Of course, you CAN learn to do plan your own estate. But like anything finance driven, it’s more confusing than a Matrix sequel, and you've got way more choices than just whether to take the red pill or the blue pill. So let's just begin by learning what not to do.
View the full article: The 3 Most Common Mistakes People Make When Planning Their Estates on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.
Many Americans blindly believe that net worth is the best way to track financial success. But when it comes to early retirement, that number may be useless.
View the full article: Want to Retire Early? Sorry, But Much of Your Net Worth May Not Help on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.
Real estate is not fairytales and butterflies like it’s portrayed by gurus and seminars. Look, eventually your property is going to get trashed, and it’s going to need a lot of repairs. If you can accept that today before you start your journey, you’re going to be much better off when it actually does happen.
View the full article: How to Best Prepare for a Tenant Trashing Your Property on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.
Get excited about the idea of living a life where work is optional. Imagine the activities you'll do, the people you'll spend more time with, and the dreams you'll fulfill. Then get to work sharpening your real estate tools and building a life you can be proud of.
View the full article: The Simple Math of Early Retirement With Real Estate [With Real-Life Example!] on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.
There are many tracking tools out there, but one of my favorites — and one that I have used for over three years — is Intuit’s Mint product. Here's how it works, and how it can work for you!
View the full article: This App Will Help You Track Your Way to Financial Independence on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.
College is extortionately expensive. Here are some creative ways to lighten the load of tuition, and pay for college without having to sell a kidney.
View the full article: College Tuition “Hacks”: 9 Alternative Ways to Pay for Schooling on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.
Here's a simple truth: Most folks fixing our properties or building new ones will begin dying or retiring very soon. And that will affect EVERYTHING.
View the full article: The MAJOR Way a Shrinking, Aging Skilled Labor Force Will Impact U.S. Real Estate on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.
Last year, I finally took the plunge into real estate investing by diving headfirst into the Los Angeles real estate market and buying my first property, a 4-bed/3-bath house hack. Here's how I did it.
View the full article: How I Hacked a Half-Million Dollar House in LA as a Full-time Student & Violinist on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.
before a fire starts, there are things every homeowner should do to make sure they are as prepared as possible for fire season. Rental property owners and managers should be prepared to inform tenants of proper safety measures to take during fire season. Fire prevention for rental properties includes preparing the property for fire safety, both inside and out.
View the full article: 8 Ways to Promote Fire Safety in Your Rental Properties on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.
Too many times real estate investors only care about how they are going to become a millionaire in this business. But quite honestly, it is so much more important to focus on how you are going to make your private-money partner a millionaire first!
View the full article: How to Make Your Private Money Partner a Millionaire on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.
Some fixes you can delay. For others, to give you a better sleep at night, you should always ensure their operation. Don't even think about ignoring these.
View the full article: The Top 5 Items to Replace or Upgrade in Every Rental Property You Buy on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.
Can you really create a massive real estate empire in a short time when starting with almost nothing? In today’s episode, you'll not only discover that it’s possible, but you’ll see exactly how it was done.
View the full article: BiggerPockets Podcast 292: 200+ Deals in the First Four Years with Ryan Pineda on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.
