Illinois is enacting a statewide minimum wage of $15 per hour by 2025. Have any experienced landlords had this happen in their state or city and what have been the effect on rents? Drastic increases or gradual incr...
In the past when I purchased properties with existing tenants all they do is to sign a simple estoppel letter basically acknowledging the lease terms, the security deposits, advanced rents etc...My attorney has alread...
Hello,So I get a call this am this guy claiming to be working for the city. He is completely lying pissed I put a few signs up. Telling me the whole deal it is illegal blah blah blah. I am nice but feel like telling h...
I'm in the process of selling my primary residence FSBO. We are in a very popular neighborhood, so for now, we won't be going through a listing agent. We are also real estate investors, and we've been on the buy and...
The Bush administration developed an effort to confront the worst U.S. financial crisis in decades, describing a plan that could cost taxpayers hundreds of billions of dollars to buy up bad mortgages and other toxic d...
Well I've built a small buyers list of 6 cash buyers and 9 investors, my other forum shows the steps I took to build even this small list. Now im on to step 2 and I realize I have no idea how to find a property much l...
Hi everyone!I'm a new real estate investor based in New York City. I'm interested in out of state rental properties, preferably multi-unit (duplex, triplex) for buy and hold around the 80K-100K purchase price. I would...
In short five years ago and a few years out from retirement I decided to learn about real estate investing so I could be prepared to get more heavily involved upon my retirement. Although I learned some from a friend ...
What are some headaches that a landlord could run into when renting to tenants in a C- and D class neighborhood? Also, what are some solutions for those headaches?
My tenant in a SFH (single mother with toddler) was contacted by the gas company saying she was using excessive gas. They sent a technician out who did a pressure test on the gas line and said there is a leak on the ...