![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/608988/small_1621493718-avatar-codyg10.jpg?twic=v1/output=image&v=2)
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...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1551091/small_1621513485-avatar-tylert123.jpg?twic=v1/output=image&v=2)
Hey guys, I'm 23 and closing in on officially purchasing my first rental property, just finished inspections this week. The property is a 4plex in a great part of my town. Two of the units are currently rented to LONG...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2191552/small_1694594502-avatar-annew46.jpg?twic=v1/output=image&v=2)
**This is cross posted since more foot traffic here**Hello BP,
I am here to soliciting your input and thank you! Looking for a 2nd rental. Inspection done today. I am on the fence.
- Location: Old neighborhood, up...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1835051/small_1621515975-avatar-kimberlyc117.jpg?twic=v1/output=image&v=2)
Hi all -We have been landlords for 5 years with very few issues. Everything that has come up we have been able to fix within a day. We take great pride in our homes. I am sick to my stomach with an issue we have been ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/51525/small_1621411521-avatar-soldat.jpg?twic=v1/output=image&v=2)
In 2005 my oldest brother asked me how my house sale was going. I mentioned it went under contract in three days and we were making $125,000 profit. I was in the military and would be considered lower middle-income at...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/756893/small_1621496761-avatar-bedstuy81.jpg?twic=v1/output=image&v=2)
I believe I may already know the popular vote, but here is my situation: I purchased a brownstone in Brooklyn in 2014 as a shell and the house underwent a gut renovation. It is a 3 unit building that my wife and I occ...
Metro-Level Summary: June 2022 from Redfin
The table below measures pending sales that fell out of contract as a percentage of overall pending sales, and is sorted from highest to lowest. A metro must have had at le...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2061504/small_1694732719-avatar-paysons.jpg?twic=v1/output=image&v=2)
Hello to anyone reading, I’m currently a freshman in college and here is my situation. I’m one semester in, and plan on finishing out the year. I have a college fund which contains roughly $60,000 (after this first ye...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/190548/small_1621432102-avatar-mindyjensen.jpg?twic=v1/output=image&v=2)
What is your biggest problem/mistake/confusion when analyzing a deal?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/120721/small_1621417792-avatar-swrealestatenj.jpg?twic=v1/output=image&v=2)
I am in the process of trying to close on the sale of a property, and the bank has been a huge hassle. The home was under contract for $155 per sq-ft which is totally in line with all comps and lower than some provide...