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...

Hello Everyone,I recently joined the site and saw a lot of great discussion regarding cashing out a 401k plan versus a self directed IRA and a solo 401k plan to purchase properties.  I prefer the solo 401k because of ...

Will loss of rental income from my overnight rental qualify me for the penalty free 401k distribution?  I had two or three months of less than average rentals and one month of no rentals due to Covid travel restrictio...

Hey guys just wanted to get some advice about people that work for me. We have been remodeling a duplex I own and they have been asking if they can rent them out once I’m done. My first reaction is don’t mix business!...

Hi guys! I hope this forum can help me out again. As I build my investment portfolio, I keep learning. I keep going thru the good and the bad.Situation: I hired a marketing manager, just part time. Great kid. College ...

Hi all. Newbie investor here. The only property I own right now is the one I live in, a condo in Somerville, MA. I've been doing a lot of reading and meditating on where the next opportunity will be coming out of wher...

Hi all. I want to get a feel for how many on here actually make a decent living in real estate verses are just doing "OK". Obviously I realize we probably cover the spectrum from no real estate income all the way t...

My first deal. I found a 3plex in my Farm area, absent owners, FSBO, good price for the area. I need an expert to walk me through this. Lori

We received a letter from our tenant (a great tenant so far) and they are concerned about making full rent in Feb as one of them has been furlowed by the govt shutdown. I appreciate their proactive letter and they hav...

If appropriate security measures are not presently in place, it would be very easy for either a BP employee or an outside hacker to obtain access to the data we BP users input into our BP calculators.For example, one ...