The Ultimate Due Diligence Guide for Buy & Hold Properties

Hey All! As you might already be aware, our primary focus is buy-rehab-hold. Many times over the years, deals have looked great on the first walk through, and the numbers have come up solid, but upon further inspection, we have found issues that caused us to change our minds about the deal. It’s important to… Read More..

Steps to Take in the Next 15 Days to Maximize Tax Savings for 2014

An observation that I made a few years back is that a large percentage of my clients who file for tax extensions are also clients who owe taxes to the IRS. If you think about it, this makes sense because if you are someone who usually anticipates a larger tax refund, odds are that you… Read More

2:00PM Water Cooler 10/22/14

Today's Water Cooler: Shootings on Parliament Hill in Ottawa, Hong Kong, dueling autopsies in Ferguson, CPI release, slavery, and trouble with visualizations. naked capitalism… Read More

A Decade of Changed Lives: Celebrating 10 Years of BiggerPockets

It was the fall of 2004, and I was struggling to find answers to the countless questions that were holding me back in my personal real estate investments. I launched BiggerPockets to help me find those answers, and ten years later today, we’re helping tens of millions of investors around the globe to not only… Read More

Muppet Time!

It never fails. Despite all efforts to the contrary a handful of you retail rats accidentally find yourselves in the midst of a winning campaign. Invariably early withdrawal symptoms to your expired ADHD meds are starting to appear as the urge to do something (i.e. take profits now or otherwise ruin your odds of long term profitability) is… Read More

Lead Magnets: The Secret Way to Build an Awesome Email List

Before jumping into this week’s series of blog posts on how to dominate your local real estate market, I first want to take a step back and answer a question that I’ve been getting from tons of people who read last week’s post. That post was the last installment on what final elements need to… Read More

Hurdles Ahead

We have come a long way in the past three sessions but the easy part of the journey is now nearing its end. For there are hurdles looming ahead plus I’m seeing some signature signs of short term shenanigans flashing all over the place. Let’s start with where we are right now: Quite a climb since… Read More

What Rout? Stocks Have Best Day In A Year

Since 13 minutes after the US equity market opened, the NYSE was broken for 150 symbols from AAPL to XIV (inverse VIX). KO, MCD, & IBM all fell notably on earnings. Credit, Treasuries, and JPY carry all traded 'risk-off'. But none of that mattered...broken markets and ECB rumors were all that was needed - Nasdaq… Read More

Musings on Recent Market Volatility

Welcome Fellow Lizard Brains! Back in 2005, Terry Burnham penned Mean Markets and Lizard Brains. The point of his terrific book was that parts of our brain are wired to behave in a reptilian fashion, responding to fear and greed instinctively. Yes, I have that same reptilian response that you do-come on, admit it! When… Read More

4 Inexpensive Renovations Guaranteed to Maximize Resale Value

Selling your house is an emotional process, particularly if you have lived there for a number of years. Where a potential buyer sees an old toilet, you see images of potty training your first child; where a potential buyer sees a stain on the carpet, you see the last physical sign of your awesome birthday… Read More

A Caliph In A Wilderness Of Mirrors

Authored by Pepe Escobar, originally posted at Asia Times, I'm aiming at you, loverCause killing you is killing myself - Orson Welles (director), The Lady from Shanghai,1947 He's invincible. He beheads. He smuggles. He conquers. He's the ultimate jack-of-all-trades. No Tomahawk or Hellfire can touch him. He always gets what he wants; in Kobani; in… Read More

What You Need to Know About the Unglamorous Side of Real Estate

We all have a friend who is quick to tell us about their success in real estate. They want to brag about how investing in real estate or some sort of a rental property is the best idea on the planet. They’re convinced that you need to get into real estate. They want you to buy… Read More

Lawler: Updated Table of Distressed and All-Cash Share for September

CR Note: Existing Home Sales for September will be released tomorrow by the National Association of Realtors (NAR). The consensus is for sales of 5.09 million on seasonally adjusted annual rate (SAAR) basis. Sales in August were at a 5.05 million SAAR. Economist Tom Lawler estimates the NAR will report sales of 5.14 million SAAR.Housing… Read More

Prepare to be confused

We have the stunning reversal on Thursday and further weakness on Friday. The Bull case is weakened substantially. In fact, the more aggressive among us could make the case that the bulls are fucked. My spidey sense is tingling though, the complete absence of a bullish stick save, or even attempt thereof, leads me to… Read More

Opinion: Allowing Smokers in Your Rental is Costly & Just Plain Dumb

Are you aware of the expenses associated with allowing someone to smoke in your rental? If not, you need to understand that a smoker will cost you at least 10% of your profits due to increased turnover costs and additional vacancy. That is an unscientific number, and I may venture to guess it may be… Read More

I Robot

Make no mistake – very few humans are actively involved here. The comment section looks pretty deserted today (short of tumble weeds passing through) and it’s one of many signs that anyone with a pulse feels pretty exhausted at the end of this week. Of course the market Mole knows no mercy and here are a… Read More