![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/834806/small_1695144736-avatar-aprilh21.jpg?twic=v1/output=image&v=2)
Hi! I just got preapproved from the lender today for my first rental property! I haven't bought a house since my primary residence in 2007, so this financing part is new to me. It seems like traditional lending is ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/516559/small_1621480689-avatar-jbh1969.jpg?twic=v1/output=image&v=2)
When purchasing a home from a turnkey company, do you negotiate the price based on comps for the area, or do you purchase it at the list price?
![](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/190954/small_1694746826-avatar-wallyjohnson.jpg?twic=v1/output=image&v=2)
Requesting feedback from the wise RE Investing Yodas in this forum.Current status: Nearing retirement (3 to 4 years). Current portfolio provides (net) twice the W-2. Will reach three times within five years. I am ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1791531/small_1634062224-avatar-aliciam75.jpg?twic=v1/output=image&v=2)
Welcome to our newest question of the week!
With forbearance being lifted in many areas of the country, there have possibly been market reports you've seen on an influx of preforeclosures in the pipeline. If you have...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/69934/small_1621414312-avatar-marianlibrarian.jpg?twic=v1/output=image&v=2)
NYTimes asks has home buying and how home buyers look at buying fundamentally changed? Austin and Austin home buyers were profiled in this Sundays NYTimes article. I can't post the link but there is a paywall anyway...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1694317/small_1694562508-avatar-houseguy16.jpg?twic=v1/output=image&v=2)
Hi,I have about $340k of equity in my home that I'd like to put to work. I'm currently paying 3.625% interest on a 30 year fixed, and am considering taking out $250k in equity, which would likely be at a similar inter...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/257115/small_1621436722-avatar-ske.jpg?twic=v1/output=image&v=2)
We've purchased our first investment property in a "revitalization" neighborhood. It has been on the market for about two months now. We originally didn't accept section 8 or housing tenants, but are reconsidering bec...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/26559/small_1621363688-avatar-xoomoon.jpg?twic=v1/output=image&v=2)
I would like to know how many people here are living off rental income. The ability to quit your 9 to 5 job and manage properties sounds interesting! If you're doing this, please include how many rentals you current...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/401206/small_1694689791-avatar-freemans.jpg?twic=v1/output=image&v=2)
Is there any advantages of paying off a mortgage for an investment property?When should a mortgage be paid off.The majority of people I have talked to have said investment properties should always have a mortgage, but...