Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
Hamed Rahimi What are the best property management software/tools you use?
25 November 2024 | 12 replies
Once you have a short list, get an account with each one and run them through the wringer to see how they really function.
Eric Carlstrom First-Time STR Buyer --- Feedback / Guidance Requested
26 November 2024 | 21 replies
Here's what I'm accounting for currently:Mortgage (P&I)InsuranceTaxesElectricWaterTrashInternetVRBO/Airbnb feesGeneral/RepairsCleaning (though these will be passed through)If i'm super conservative on my monthly rate, I will need to rent the unit 10 nights/month to break even, if I am more realistic with the rate (according to my realtor who runs two STRs), i'll need to rent it 7-8 nights/month to do so.
Chris Rager Central PA Real Estate Attorney
25 November 2024 | 12 replies
I'm also considering Legal Zoom for the LLC portion -- and I understand they may also be able to assist with the operating agreement.I'd also welcome any recommendations on accountants too. 
Bruce Lynn Everyone wants to buy a foreclosure until they get to see inside the property
1 December 2024 | 134 replies
I have seen it and funded it for others or my own account.
Matthew Hull Hard Money at Closing - What happens next?
23 November 2024 | 3 replies
Does it go down like a traditional mortgage (funds requested at closing, checks written, etc), or do they hand over the funds to your account beforehand so you can put the money up as if it is cash?
Elliot B. Submetering Heat with BTU/Flow/Energy Meters
29 November 2024 | 27 replies
While you may be able to measure energy to some precision that you are satisfied with close to the point of delivery - what you will have a very tough time accounting for how those losses are split amongst your units.
Jay Hurst What goes into cash to close? What are closing costs and what are pre-paid items?
22 November 2024 | 1 reply
Prepaid items are comprised of property taxes and insurance and prepaid interest.Property taxes and homeowners’ insurance will depend on whether or not you have an escrow account, when you are closing, and when those items are due.
Tiffany Da Silva Advice needed on real estate LLC business banking & Organization
21 November 2024 | 6 replies
You should also have a conversation with your tax accountant about your bank account setup. 
Mary Pastoral VRBO charges 10% commission for direct booking outside of their platform
23 November 2024 | 40 replies
If you have an integrated account and receive the inquiry from VRBO, but then book the guest off platform they double their commission rate to 10%. 
Alan Hale Modeling question - Are my numbers off?
22 November 2024 | 8 replies
I'll admit I do build in a lot of cushion (something I learned from my first flip deal) so I account for every possible expense.