The last multifamily purchase I did was in 2013 and it was shortly thereafter that values spiked.

I would suggest putting in some kind of spikes or landscape rocks to damage the truck if he drives on the lawn, or hire a couple bikers to go have a "talk" with this guy.

Means a lot coming from a wily vet like yourself.I believe there was an artificial spike in post counts a few weeks ago.

He put a spike in the ground and said the city surveyed it and put the mark there.

I've noticed a pretty big spike in prices though in STL just in the last year, so the deals are getting further and fewer in between.  

(That's 3-4% with ZERO tourism dollars coming in for a solid 6 weeks along with a 20+% spike in unemployment.) 

With a low enough rate, and the spike over the past few days a buyer could potential save thousands over the life of the loan because of the lower rate.  

As capitalization rates for rent regulated buildings are projected to spike, certain property owners may have lost 30-35 percent in value literally overnight.

We often talk about "warzone" properties on here and some parts of the south side of Chicago truly are warzones, unfortunately Chicago has had a huge spike in violence over the last few years.

However, there is very little incentives for the Landlord to take care of the building and usually leave it in need of repair, pest control, etc.Certain cities like NYC and SF is a must if this is where you want to eventually live for the long term.Rents spike and continue getting higher.Every year for the last 2 decades I keep hearing all the excuses.... it's too expensive to buy in NYC.2 decades ago, when I bought my first Investment, a 2 Family in Brooklyn, was $350k.Today, I can sell that investment for $1.9 Million.BUT, instead of being happy that I have made so much money for that one single property.... what makes me more happier is the fact that I live in that Investment now (I moved back in to this Investment Property this year).All of my relatives that lived in Brooklyn but moved out, either never bought or had bought but sold a long time ago..... cannot any longer afford to buy in Brooklyn anymore.Even renting has become incredibly expensive.As another example of this phenomenon, I had a friend, Steve, who lived in Manhattan.We both invested similarly in to two different properties in 2004.I invested in a 4 Unit property with a Purchase Price of $800k in Clinton Hill, Brooklyn.