BiggerPockets Daily
by BiggerPockets
Latest Business Ideas
Property Tax Assessment Contestation Service
The idea revolves around creating a digital platform that assists property owners in contesting their property tax assessments. This service would utilize technology to simplify the process of gathering evidence, filing appeals, and navigating local tax regulations. Many homeowners and small property investors often leave money on the table because they are unaware of their rights to contest assessments. By providing a user-friendly interface and expert guidance, the service could empower users to effectively challenge potentially inflated tax valuations, thereby reducing their annual tax burden. The target audience would include homeowners, small landlords, and real estate investors who may be facing rising property taxes. The platform could offer tiered subscription options based on the complexity of the case, including services like personalized consultations with tax experts or automated document generation. Additionally, the service could provide educational resources to help users understand their local tax structures and prepare their cases more effectively. Ultimately, this business idea addresses the pain point of high property taxes by enabling users to take action and potentially save significant amounts of money each year.
From: These States Are Weighing Property Tax Repeals
Exit Strategy Planning Tool for Home Flippers
The podcast discusses the importance of having a solid exit strategy for home flippers, particularly as market conditions become more challenging. This presents an opportunity for a digital tool that helps real estate investors plan and manage their exit strategies effectively. Such a tool could allow users to assess various scenarios, including renting the property or selling it, and generate actionable insights based on real-time market data. By integrating local market trends, property valuation, and financing options, the tool could help flippers make informed decisions about whether to continue with a flip or pivot to a rental strategy. The target audience would include both novice and experienced real estate investors looking to minimize risk and maximize returns in a fluctuating market. Strategies for implementation could include partnerships with real estate data providers and integration with property management software to facilitate seamless transitions between flipping and renting.
From: How Much Are Flippers Making in Today's Tight Market?
Buyer Agent Commission Negotiation Platform
Creating a platform dedicated to negotiating buyer agent commissions could fill a significant gap in the real estate market. This platform would connect sellers and their agents with buyers' agents to facilitate transparent discussions about commission rates. The platform could allow users to post their commission offers, and buyers' agents could respond and negotiate. This would empower sellers to directly compete or negotiate against standard commission rates while providing buyers' agents with a clearer understanding of what is available in the market. The target audience would be real estate agents and sellers looking to optimize their commission structures. Strategies might include gamification elements to encourage participation or a rating system for agents that helps establish trust and credibility.
From: Agent Commissions Increase as the Buyer's Market Award Buyer's Agents
Real Estate Commission Optimization Tool
Developing a real estate commission optimization tool could serve both buyers and sellers by providing insights into optimal commission rates based on current market conditions. This tool would analyze historical data, current trends, and predictive analytics to suggest competitive commission rates that sellers should consider offering to attract buyers. It could also help buyers understand what they should expect in terms of commission rates in different market conditions. The target audience would include real estate agents, sellers, and buyers who want to maximize their transaction efficacy. Specific strategies could include integrating machine learning algorithms to continuously update recommendations based on market fluctuations and user input, thereby ensuring the tool remains relevant and valuable.
From: Agent Commissions Increase as the Buyer's Market Award Buyer's Agents
Seasonal Short-Term Rental Optimization Tool
Develop a digital tool or app that helps short-term rental owners optimize their listings for seasonal events like college football seasons. The tool would analyze data from local events, occupancy rates, and market demand to suggest optimal pricing, calendar management, and marketing strategies. Features could include real-time price adjustments based on demand fluctuations and automated marketing campaigns targeting potential visitors to local events. This solution addresses the problem of underwhelming occupancy and profit during peak seasons, allowing property owners to maximize revenue efficiently. The target audience would be short-term rental owners and property managers in college towns across the United States. Tools like data analytics software and APIs from platforms like Airbtics would be instrumental in building this platform.
From: College Markets Where Short-Term Rentals Thrive During Football Season
Localized Rental Management Agency
Start a localized rental management agency that focuses specifically on short-term rentals during high-demand periods, such as college sports seasons. This agency would cater to property owners who may lack the time or expertise to fully capitalize on their rental potential. The agency would provide services such as listing creation, pricing optimization, guest communication, and strategy development tailored to seasonal events like college football games. The problem this business addresses is the inefficiency and lack of revenue during peak seasons for property owners attempting to manage rental properties on their own. The target audience would be property owners near university stadiums or in college towns. Strategies might include offering flexible contracts to encourage property owners to use services only during peak seasons.
From: College Markets Where Short-Term Rentals Thrive During Football Season
Local Wedding DJ Business Using DJ Software
The episode outlines a low-barrier wedding DJ side hustle: buy one quality speaker (e.g., JBL Eon), basic cabling and mic, run DJ software (Recordbox recommended, ~$30/month), and use a laptop music library to run events. Start-up can be modest (used speaker + cables + mic) and you can charge per-event fees in the ranges cited (The Knot average ~$1,600; regional ranges $800–$1,800). Implementation: (1) purchase or rent a durable powered speaker, mic and cables, (2) subscribe to DJ software (Recordbox) and learn mixing and cueing via short online courses or tutorials, (3) create a curated wedding playlist and a system for handling requests, (4) list on local wedding marketplaces, Facebook groups, and WeddingWire/TheKnot, and (5) get initial experience at community events or private parties to build reviews. This solves the problem of couples needing a reliable, cost-effective music + emcee option and captures revenue from performance fees and optional add-ons (lighting, MC services). The target audience is aspiring DJs, part-time entertainers or generalists with good people and event-management skills who want a service business with digital tooling (software subscription + online bookings). Tactics: buy used equipment to lower cost, use Recordbox for a reliable workflow, and market on wedding directories.
From: Sunday Hustle: Turn 'I Do' Into Income - Wedding Side Hustles!
Bundled Wedding Photography + Videography Service
This idea is to offer a combined wedding photography and videography service as a single bundled package, then outsource time-consuming post-production (photo and video editing) to freelance marketplaces (Fiverr/Upwork) to scale quickly. The host covers market pricing brackets (starter packages ~$1,500 each; mid-tier $4k–$8k; premium $8k–$12k) and suggests using existing camera gear, building a portfolio through volunteer gigs or real estate shoots, and developing social media presence to attract clients. Implementation steps: (1) audit your current camera/video gear and buy only what’s essential, (2) practice and build a portfolio via low-cost community gigs, (3) create bundled packages (digital-only, print + digital, cinematic add-on) and price them using the ranges cited, (4) use Fiverr/Upwork to outsource editing and reduce turnaround time, and (5) market via Instagram, wedding listings and The Knot / WeddingWire profiles. The problem solved is couples' desire for turnkey, high-quality media capture without hiring multiple vendors; the bundled approach increases average order value while outsourcing editing minimizes operational scaling pain. Target customers are engaged couples and small wedding planners seeking consolidated media services. Tactics mentioned: split labors (capture in-person, outsource editing), use social proof/portfolio, scale by adding personnel/equipment, and reference MOAT framework to amplify and optimize offerings.
From: Sunday Hustle: Turn 'I Do' Into Income - Wedding Side Hustles!
Mobile Photo Booth Rental with Digital Packages
This idea is operating a mobile photo booth rental service focused on weddings, offering tiered digital and print packages plus add-ons (neon signage, flower awnings, booth attendant). The host breaks down real-world pricing examples and supplier ranges: low-cost booths available ~$300–$700 used; WeddingWire average rental ~$550 for three hours; sample vendor shows digital packages $150/hr, print+digital $250/hr, plus higher-end luxury options. Implementation: (1) buy or refurbish an entry-level mobile booth from marketplaces (Facebook Marketplace, local resellers), (2) create tiered packages (digital-only, print + digital, luxury props + attendant), (3) build a simple booking site and Instagram/FB portfolio showing sample props/backdrops and sample photos, (4) sell digital add-ons (instant SMS/email photo delivery, online galleries, branded overlays) to increase ARPU, and (5) list on WeddingWire/TheKnot and use local wedding vendors for cross-referrals. This solves couples’ desire for entertaining guest experiences while providing a recurring rental income stream to the operator; digital delivery of photos and pre-made overlays allow scalability and lower ongoing labor. Target customers: event rental entrepreneurs, generalists, or photographers who want a low-lift add-on revenue stream. Tactics mentioned: buy used booth to reduce capex, offer two- or three-hour minimums, upsell add-ons (prints, attendants, custom neon signs).
From: Sunday Hustle: Turn 'I Do' Into Income - Wedding Side Hustles!
Builder Rate Buy-down Management Platform
The episode calls out a builder tactic: offering mortgage rate buy-downs (funding lower borrower rates via cash at closing) to move inventory in cooling markets. That explicit mention can be productized into a SaaS/marketplace that helps homebuilders, developers, and their broker networks design, fund, and manage rate buy-down promotions. A platform would include modules for offer configuration (amounts, term of buy-down), automated disclosures, payment flows (escrow or builder-funded reconciliation), integration with mortgage lenders/brokers, and reporting dashboards showing cost-per-sale and conversion lifts. It solves the operational friction builders face when running ad-hoc financial incentives and provides standardized, auditable workflows that lenders and title companies can accept. Target users are residential builders, developer marketing teams, and community sales agents—especially in Sun Belt metros where inventory surges are forcing incentives. Implementation tactics: build an MVP with a simple admin UI, Stripe/escrow payment routing, templated legal wording, and integrations with loan officers; run pilots with 1-2 local builders to capture case studies and CAC metrics.
From: How the Rust Belt Has Become the Big Winner of Today's Market
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Host: Matt Mirren
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Agent Commissions Increase as the Buyer's Market Award Buyer's Agents
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