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...
Good Morning,I am interested in buying 1 of 3 properties. I don't currently have a realtor, and have a few questions.1. Since I basically have done alot of the research on my own, how do you go about negotiating with...
I'm brand new to investing and planning on purchasing my first short term rental in Navarre, Florida. I'm have a really hard time running numbers to get an accurate idea of how much it will cash flow and it it would b...
Contractor agreed to replace my roof if insurance would pay for damages. He came to my door offering his service. To my surprise the insurance company agreed to pay $21,000 for damages. Our contractor quoted us $20,00...
Just got my first deal. Now we are ready to renovate. Is it customary to pay contractors anything up front? Most bids came in asking for 50% up front and 50% upon completion.
Hello,
I have a property I rent rooms out to individuals. I literally had cameras installed last week. AirBnB is one of the platforms I use. I installed them in the common hallway, the entry door, kitchen, and a co...
Hey everyone,I am 20-years old at Temple University with 3 semesters left before I graduate. I recently decided to switch from studying/working in the IT industry to Real Estate. I have worked in a property management...
Background:I completed my associates degree in information technology with an emphasis on networking, and I achieved the CCNA certification (Cisco Certified Networking Associate)My first job in IT was running the IT d...
Hello, I am a newer member to BP, but am looking forward to learning as much as I can from all the experienced investors here. I currently have 6 rental properties and am curious to know how others with multiple prope...
To clarify my situation, I am in my first year of landlording, househacking a duplex, so I live next door to tenant. Tenant hasn't even been here a full six months and has broken the lease I feel several ways, but Im ...