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...
A recent post on BiggerPockets indicated the imposition of a new $500 per day fine in California for using potable water for ANYTHING but regular in-house use. No one at all commented on this. This is a serious statem...
I love the BRRRR approach, but why isn't anyone factoring in their time into their ROI? Even if you have $0 in the deal, you may still have dozens of hours (or more) invested into finding the deal, buying the property...
Economic Update
(Monday, October 26, 2020)
Being connected with others has been crucial throughout this Pandemic. After all, as the rallying cry reminded everyone last spring, “We’re all in this together.” From ...
Whenever we put for rent sign on the yard and the relevant junction near to the House we are planning to rent, we get too many calls asking for simple questions. These questions can be "Is the house a 3 bed, 2 bath...
Hello Everyone,I'm looking for a bit of guidance. I'm interested in purchasing my first AirBNB property, and have found a place I think I would love to invest, Panama City Beach! I've visited the area a few times, and...
Hi All, I'm running my numbers and could use any tips. Is it possible to find properties that meet the 1% rule, but are still not cashflowing? I'm looking at deals (2-4 units), many of which seem to meet the 1% rule ...
Hi! New real estate investor here with a goal of investing to replace my income within the next 3 years. I live in the SF Bay Area, which is one of the most expensive real estate markets in the country, so my goal i...
I often seen discussion in BP that the house price is too high, there will be next crash coming. I am curious what people would do if you have $1m available at this time? Will you hold cash to wait for downturn so you...
This has happened twice now in a span of less than 6 months. The property is a duplex with a tenant living in the upstairs unit and the downstairs unit is presently vacant. The upstairs tenant overflowed the tub (ag...