So far, we've been listening to a lot of Bigger Pockets, along with a variety of other podcasts and youtube channels.

I had to eat over 20K in losses due to this fire.

@Dan ForbesWelcome to Bigger Pockets.

@Christopher WestYou already took a great step by joining bigger pockets.

@Chris GrantWelcome to Bigger Pockets.

I've seen vacancy loss assigned by underwriters as high as 25%.

There are some recommended title companies from Bigger Pockets and they have negotiated some discounts for Bigger Pockets members. 

I currently work in the Information Technology department for one of the companies.I'm new to real estate and started listening to the Bigger Pockets podcasts a few months ago when my friend who is a landlord and owns several properties told me about it.

I found it on one of the list bigger pockets provides for free listings of REOs.

Likewise, your annual or quarterly or whatever property tax payment is expensed when paid, if you're on the the cash basis (which most people are) but you've already counted that in the reserves.Here is what your accounting software probably shows in the month that you paid the property taxes.Rental Income - $1000.00Expenses:Insurance:               30.00Property Mgmt:   100.00Mortgage Int:        350.00Property Tax:        700.00   Total Expenses:    1180.00Net Loss                   180.00So what you want to do is dump this report into excel in order to reconcile it back to your cash flow.Start with your Net Loss Number and then make adjustments until you reach your cash flow:Net Loss:        180.00Add Expenses Paid from Reserves:Property Taxes:  700.00Subtract Other Cash PaymentsMortgage Principal: $150.00Amount transferred to reserves:  $80.00Net Cash Flow:  $290.00Cash Flow is a completely separate calculation than Profit and Loss.