Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Real Estate News & Current Events
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 13 years ago,

User Stats

15,171
Posts
11,252
Votes
Joel Owens
Agent
Pro Member
  • Real Estate Broker
  • Canton, GA
11,252
Votes |
15,171
Posts

Are the new immigration laws POSITIVELY or NEGATIVELY affecting your business??

Joel Owens
Agent
Pro Member
  • Real Estate Broker
  • Canton, GA
ModeratorPosted

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.

business profile image
NNN Invest
5.0 stars
3 Reviews

Loading replies...