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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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 ...
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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?
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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 ...