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 ...
Katrina Edwards
Help to Decide! HELOC or Fixed
Hi everyone. I've been lurking somewhat and responding to questions within my area of expertise for about a month now, but this is my first post to Bigger Pockets. I need to make a decision within the next 24 hours...
Account Closed
What does been "financially free" even mean anyway?!
I've started learning REI and I stumbled upon a few threads talking about cash flow vs appreciation. One post on this thread here REALLY stood out by Minh Le."Cash-flow pays the bills. Appreciation makes you rich."Th...
Derek Hutson
Will this get me a quick credit boost?
Hello,
In the next year I plan on buying my first property,
however because I don’t have much credit history I will need to boost my credit score to get financing.
The broker I am working with has told me to leave ...
Steve S.
Tax question on rental income
I'm trying to get a better understanding of how much of my rental profit I may be able to keep. If my AGI is $150,000 and my rental profit is $24,000 for the year, after paying the PITI and expenses, in a rough estim...
Jonathan C.
Direct Mail Guru For Experienced Investor Sending 12K Mail/Mo
Any recommendations for direct mail guru to try to optimize my current $8-10K/mo in direct marketing spend? Currently sending 12K mail pieces/mo- professional typed letter with logo, BBB accreditation logo, personal p...
Ellen A.
Do you get excited about repair expenses because of tax benefits
Do you get excited about repair expenses because of the tax benefits?I'm trying to look at the positive side of getting my rental property up to the neighborhood value. I've read there are great tax breaks for busines...
Quinton Huntley
What should someone fix in a property to increase the rent?
If someone buys a property and wants to increase the rent what should they focus on fixing up? Kitchen, bathroom, lighting,ex.
Henry Clark
Fed Deficit and Fed Interest Rate
Intentionally waited till after the elections to ask this question. I’m looking for actual info. Anyone jumps on with political agendas I’ll dog them. Was watching a YouTube and they mentioned the fed can’t increase t...
Tim H
SF Bay Area Real Estate Update 6.30-7.6
As expected the July 4th week was a bit slower. I am surprised it didn’t come to a screeching halt given all the cheery news from the stock market and the cloud over the financial markets. However buyers still enjoye...