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+)
Mike Sfera New to REI; looking to learn and connect
13 December 2024 | 9 replies
Turnkey companies usually handle buying and renovating the property, then partner with a local third-party management company to handle day-to-day operations.
Brendan Duggan Private Lender in inaugural year!
13 December 2024 | 4 replies
BrendanWe typically use a third party servicer as its around $35/mo per loan and they also handle the escrow and end of year tax forms.
Timothy Franklin Clarifying the wholesale transaction
15 December 2024 | 7 replies
In either case, the wholesaler usually doesn't need to provide their own funds to complete the deal unless they are doing a double closing and need private financing for that purpose.The title company plays a key role in ensuring that the funds are processed correctly and that the transaction is legally and financially finalized, including disbursing funds to the seller and paying any fees owed to the wholesaler, private lender, or other parties involved.Contract with Seller: The wholesaler secures a property under contract, usually with a small earnest money deposit.Find Buyer: The wholesaler finds a buyer (investor) and assigns the contract, earning an assignment fee (difference in price).Closing: The buyer wires funds, the wholesaler receives the assignment fee, and the title company handles the transaction.Costs:Earnest Money: Small deposit.Marketing: Costs to find deals.Funding (if needed): For double closings.Profit: The wholesaler earns the assignment fee.prioritize transparency and value.
Roland N. MTR - How to protect furnished rentals?
11 December 2024 | 4 replies
So don't leave anything in an MTR that is irreplaceable.In addition to security deposits, you can also use the AirCover program for Airbnb bookings and third party services like Waivo and Safely that provide mini insurance per booking.
Marc Shin contractor is threatening to take me to court
13 December 2024 | 20 replies
I think that part is self explanatory. 
Itay Heled Anyone use Furnished finder leads of individuals for an entire house?
16 December 2024 | 18 replies
When appealing to a business to business lead, you are appealing to a third party who will probably never see the inside of your unit, so all the usual real estate puffery is wasted.
Adam M. Itel housing booking request.
9 December 2024 | 2 replies
Ideally you have the company and the tenants on the lease since one party is paying rent and the other party is in the home.
Bob Avery New Twin Cities Investor Looking for Advice Getting Started
16 December 2024 | 8 replies
The more challenging part is learning to manage investments well, as my book makes real clear.
Jorge Abreu Selling Properties with Transparency and Maximizing the Sales 📈
11 December 2024 | 1 reply
One challenge that may arise during the sale process involves third-party property management.
Mike Miller Any Cloud Brokerages that Do Not Require You to Join a MLS?
14 December 2024 | 36 replies
The majority of Buyers search 3rd party listing services which also provide listing agent contact info.