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 got in a car accident several months ago. I was found at fault, and my insurance only covered the minimum which is around $20k, but the person claims she needs surgery and requires $200k , she's getting a lawyer to ...

Good day BP,I currently have one 4-unit rental owned in my personal name and I have a duplex (foreclosure) under contract which will also be owned in my name (to fulfill fannie mae owner occupied requirement).  My que...

I like to use Net Present Value when evaluating deals, but I don't see it a lot on this forum or other real estate evaluations. Can anyone shed some light on why not to use it?

I am not a fan of the 2% rule, although I will say I think rent/cost is my favorite calculation. We usually determine what type of rent/cost we can accept in any given area and go from there. According to Gary Keller,...

As a former Active Duty Army Officer, I had the opportunity to invest in properties throughout the southeast since 2008. After reflection, there is one highlight that sticks out since that timeframe, my properties ha...

Hi Folks, I'm wondering if anyone else out there has pondered this. In Oakland, if an owner moves into a property, and that property is 3 units or fewer, then after 2 years of the owner living in one of the units, the...

Mortgage scams and other lending scams are common in today’s tight credit markets. Banks aren’t lending and everyone is looking for private money loans to fund their investments and businesses. When the market demand ...

My Townhouse in Colorado under contract in Colorado. Insane Market! I listed a rental property I purchased in 2007 here in Northglenn Colorado on Friday. The property was listed at 180k, the market here is so insane t...