Hello Everyone. I'm in the process of closing on a 4 unit building in CA in which I will live in one of the units. I will be raising rents about 8% since the current owner hasn't raised rents in a long time. Even if I...
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...
I'm new to note investing and decided to take a learn by doing approach. I own some commercial real estate, ran a property management business for a while (ugh!) and owned a collection agency for 17 years. So distres...
Has anyone else had a bad experience with this guy? He is another 'no money down' guy, but as a student after paying thousands of dollars, he was never available, never answered my questions, and pawned all of his me...
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...
Thought I would touch on this topic because of a conversation I had to other day. So I am licensed and working for an investment brokerage here in Florida. I received a call yesterday from another real estate agent wh...
It's May 1, and I wasn't sure exactly how the rents would all shakedown. All of my passive investments, Airbnb and multifamily, are hanging in very well. All my other tenants paid. I do have one that is out of work ...
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...
What is your biggest problem/mistake/confusion when analyzing a deal?
Think of a book youve read in the last 3 months that you gleaned the most knowledge from. Share with the group the title and author and one reason why it was so great!