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Updated almost 7 years ago on . Most recent reply

Chase Gu's profile image
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Chase Gu
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  • from Sterling, Virginia
  • Member since Nov 25, 2015
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Chase Gu's profile image
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Chase Gu
  • Investor
  • from Sterling, Virginia
  • Member since Nov 25, 2015
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Chase Gu
  • Investor
  • Sterling, VA
3
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Multi-Family and Apartment Investing

Age of apartment building

Chase Gu
  • Investor
  • Sterling, VA
Posted

Hi - Many of the multi-family properties I have been looking at were built in 50s or 60s. Rarely did I see newer properties built after 80s/90s. Do you only buy properties that were built after certain years? I am worried about the high maintenance cost of older building.

Thanks a lot!

Chase

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Russell Brazil
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Russell Brazil
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Russell Brazil
  • Real Estate Agent
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ModeratorReplied

Those properties built in thr 50s and 60s are probably 10 times more solid than the crap they threw up in the 80s

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