Real Estate News & Current Events
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 13 years ago,
Are the new immigration laws POSITIVELY or NEGATIVELY affecting your business??
For me it has been positive.Many immigrants are fixing to leave and are selling of businesses.
They built a model on paying under the table etc. so there workers 100 would be 100 versus our 100 after everything is taken out 65 to 70 bucks.
Many restaurants with the new reform will not be able to maintain profit margins with the new costs and will simply sell off or shut down.
I am getting commercial short sale listings with immigrants leaving the country.
On the flip side I hear landlords worry when a majority of tenants are immigrants.They feels they might go to being full to a huge vacancy and cash flow problem.Labor costs might rise for contractor rates.
It will be interesting to see how this plays out.
- Joel Owens
- Podcast Guest on Show #47
NNN Invest
3 Reviews
5.0 stars