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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...
How has the legalization of pot influenced your investment strategies?How has pot changed your rental policies? Has pot made you money or caused more concerns? Has weed done the deed?http://www.marketwatch.com/story/5...
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Hi All, I'm interested in trying out crowdfunding for value oriented real estate deals. From your perspective what are the best crowdfunding platforms? Anyone ever used Crowdstreet . com?What others have you used an...
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Hi Everyone,In a lot of the books I am reading, as well as some of the podcasts I have listened to, many landlords have talked about adding a clause to their leases to give anywhere from $25 to $100 a month back to th...
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I recently landed a new fully remote job with a managed care organization. Initially I felt extremely excited although the feeling quickly disappeared. I am coming to the realization that I don't want to work for any...
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Friends, We recently bought a STR in GA and it seems like we walked into a mess not disclosed by the sellers or picked up on the inspection report. For example, after closing we walked in to find: water in the baseme...
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Hi BP community,
My name is Phil, I’m on the quest for my first purchase as an investor. Right before Covid, my wife and I did a live-in flip….not even realizing it was considered a live-in flip. Really though, it wa...
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Hello,
I am hoping to get some investment advice on a fourplex in San Jose, CA.
List price: 1.9M
Rental income: 114k/annual
Taxes: 25k/annual
Expenses: 37k/annual
Mortgage with 1.5 borrowed (3.75% APR):...
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I just read a WSJ report citing Bankrate a banking analyst, that 3 out of 5 Americans do not have the reserves to withstand the most mundane unexpected expenditure, "The survey found that an unexpected bill would redu...