![](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/251688/small_1621436319-avatar-georgel.jpg?twic=v1/output=image&v=2)
I have recently read a post that mentioned high cap rates can be risky?I am new to investing and up until the other day, I believed that the higher the cap, the better the income. What are the pros and cons of this? I...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1164770/small_1621509770-avatar-marisar10.jpg?twic=v1/output=image&v=2)
Hi AllJust thought I would share one of my recent deals.Been playing in the Atlanta market since 2011, its been very kind, an amazing ride as the market has continued to soar. In fact very low inventory, surprise surp...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/770582/small_1621497023-avatar-chasea7.jpg?twic=v1/output=image&v=2)
Theoretical question for you guys: Imagine you have no money and few skills. You have to become a millionaire in 5 years. How would you do it? Looking for specific and actionable answers/ideas that are accessible to t...
I'm currently reading the Millionaire Real Estate Agent which prompts the aforementioned question. Which strategy is best? Flipping? Buy and Hold? Wholesaling? Becoming a broker like on Million Dollar Listing? Multifa...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1974984/small_1621517210-avatar-jovannt.jpg?twic=v1/output=image&v=2)
I’m 20 years old and live in Arizona but I was looking at a cheaper markets to invest in like Memphis Tennessee. I’m seeking advice on should I try to get a primary residence here in Az or a rental property in a cheap...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/446194/small_1694559015-avatar-jamesr74.jpg?twic=v1/output=image&v=2)
Hey Guys,So I am going to be starting my first even direct mail. I decided to take some big steps so I created my own yellow letter (was not easy) in order to save some cashola at least until the first deal hits my de...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1138615/small_1621509468-avatar-calus.jpg?twic=v1/output=image&v=2)
So one of my deals I’m working on took me a while to get in contact with the owner but after following up we spoke and agreed on a price. i emailed him the contract and he said he didn’t like the dollar amount for the...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/190548/small_1621432102-avatar-mindyjensen.jpg?twic=v1/output=image&v=2)
I want to know the most creative way you've ever financed a real estate purchase.Mortgage? Pish, I've done that.You sold plasma? Tell me more.Seller Financing? I'm all ears!Brandon Turner told us in How We Bought a 2...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1133960/small_1725778373-avatar-richarde62.jpg?twic=v1/output=image&v=2)
Hi all,I am a little curious what veteran STR people think about the current market- specifically, VACATION ONLY MARKETS. By vacation only markets, I mean places where basically nobody is moving for a primary residenc...