Age of apartment building

[Chase Gu]

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

[Russell Brazil]

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