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+)
Sailin Li Canadian Focused Property Management and Accounting Software
28 May 2024 | 1 reply
I've heard Stessa and Buildium for the most part but find it's actually very difficult to use for the average small scale landlord (I have 7 doors)The cost of Buildium I think is way too high for the small scale self managed landlord like myself. 7 units comes to $55/monthAs for Stella, the UI isnt the greatest and probably tailored for more property management companies, and the accounting features are rather lacking for Canadian tax laws.
Mitchell Rosenberg Pros and Cons of Buying a Fixer-Upper in Today's Market?
28 May 2024 | 2 replies
Less Competition - High-interest rates and market uncertainty may deter some flippers, reducing competition for distressed propertiesMarket Demand - In some areas, there remains strong demand for renovated, move-in-ready homes.Price Negotiation - Sellers of distressed properties may be more willing to negotiate in a high-interest rate environment.Cons:High Carrying Costs - High-interest rates increase the cost of borrowing, which raises your holding costs (interest payments, taxes, insurance, utilities).Market Volatility - Real estate markets can be unpredictable, and high-interest rates may lead to slower home sales and declining prices in some areas.Renovation Risks - Unexpected renovation costs and delays are common risks in any market, and high-interest rates exacerbate the financial impact of these issues.Financing Challenges - Securing financing for both the purchase and renovation can be more difficult and expensive in a high-interest rate environment.Mitigation Strategies:Thorough Market ResearchAccurate BudgetingEfficient Project ManagementFlexible FinancingExit StrategyFixing and flipping properties in today's market can still be profitable if approached with caution and thorough preparation.
Nick Crider First time Buy/Holder
28 May 2024 | 0 replies
However the other side of that coin is often the curse of underperformance as I have found it difficult to find a career that doesn't bore me after a few years.
Sebastian Sovero Seller Financing - Need Help Structuring Deal
28 May 2024 | 1 reply
Or if they want a high-interest rate, and your numbers will not work at that interest rate, or if they really want a crazy high price where it will be difficult to cash flow and refinance in the future.
Ryan Cleary Have a tenant that is $150 short (Florida)
30 May 2024 | 33 replies
So, if this makes you nervous you may not be prepared for more difficult situations. 
Laura Krey Looking to buy first short term rental
27 May 2024 | 2 replies
I live in Las Vegas which is a mecca for tourism, but new STRs here are very difficult to secure.
Avani Patel Medium Term Rentals for film industry in Atlanta
28 May 2024 | 4 replies
I imagine this will be a difficult connection to make.
Gayle Eisner Raising Rent on a 30 day tenant
28 May 2024 | 7 replies
If you are too aggressive, tenants may retaliate, making your life difficult
Rene Ochoa Managing software to use
28 May 2024 | 8 replies
It's not that difficult to navigate through based on my experiences with my clients, easy to use and setup.
Ryan Kahle New Construction - Duplex in Findlay, Ohio and Greater Columbus Area
28 May 2024 | 5 replies
Vacant lots are going to be difficult to find in those areas.