Ryan Clark
Do you see rents increase with new minimum wage increasing.
I am in Illinois and our minimum wage is going to $15 over the next 5 years. Who has experienced this and can you share what you have seen with rent increases over time. I have looked around at some other states and ...
Mike M.
How to deduct labor expense with no EIN?
So the majority of all of the contractors or people I hire to help at my rental I pay in cash because they don’t accept credit card or check and they don’t have an EIN. Another example is cleaning ladies and or painte...
Elson Lai
Tenant hasn't paid rent since Feb
That's right. I own a SFH in Los Angeles, and the last time my tenant paid rent was Feb rent. So now he has missed Mar, April, May, and we are coming up on June. He has not offered to make even partial payments, an...
Fadzai V.
Repairs in a Townhome - Mandatory?
Hi All! New to bigger pockets, just learned of it recently and seems just in time for a question. I bought my first property in DC in 2017 with plans that got disrupted by a cross country move. I decided to rent it ou...
Charlie Miner
Existing Tenant Wants to Break Lease
Hello, I have an existing tenant who wants to break their lease. The lease (I inherited) states they are still responsible for any remaining rent obviously. My initial thought is to ask them to be out by X date and wo...
Nathaniel Becker
Any new financial products that would be useful for landlords?
Hi folks, I'm a software engineer trying to brainstorm and evaluate financial products that landlords would find helpful. I'm hoping to outsource the idea generation part to you guys. I've listed a couple half-baked i...
Hai Loc
Investing in relation of the future of gas fueled automobiles
What will the demand of petroleum fueled cars be in 10 years? Will it only be for a lower class because of affordability or will there be a market for compact affordable electric cars.Which begs this question...Would ...
Craig E.
Real Estate Brokerage ideas
I'm considering opening a RE brokerage. I've notice that discount brokerages despite doing the same thing as full cost brokerages and for less money are not taking over the industry like Uber, ABB, Turo. If paying l...
Charles Moore
Standards for renting out attached garage space to non-tenants?
Hello, all!So I’m mulling over an opportunity to increase cashflow and wanted some feedback. Background is that I am househacking my own primary residence; I live on the bottom level of my split-level house and rent o...
Tyler Rollins
Phoenix Buy and Hold Question
I work for a contractor that focuses on roof and window/ door replacement. I just wanted to get some input from experienced investors that hold properties for long term investments. On both our product we offer a 50 y...