You are seeing it already, the nicely renovated units are having to compete on price with vintage units, because we are in a market where a lot of people are worried about their job prospects, not anticipating getting raises, on top of groceries costing 30% more than they used to.  

When Vintage IRA resigned as his IRA custodian and he did not move the assets to another IRA, this means that these assets are now his personal assets.

Just throwing a ping pong table on a concrete slab in the garage is marginal.I had an STR buyer in Conifer, in the mountains outside of Denver, turn a massive unfinished walk-in closet into a little arcade area with two comfy lounge chairs and two vintage arcade games.

Again, the particulars of this depend on your business, but let's say you are very successful at selling vintage properties in a certain state.

These are small vintage buildings but we have fully renovated and updated all of the units and common areas.

In addition they are slow to report minor leaks or at all as it doesn't typically impact them financially.Landlord paid utilities with multifamily can be a real cash flow killer if not handled efficiently.So most larger buildings I come across that are vintage almost everything is separated out except for the water.

These are small vintage buildings but we have fully renovated and updated all of the units and common areas.  

It became very apparent in Q4 2023 (point of no return for those in 2021-2022 vintage project) as the market cap rates deteriorate even more as pricing has not found a firm ground, particularly when it seems that additional capital infusion won't bridge the gap to more secure financial footing.In these moments, the weight of the situation can feel particularly burdensome, and I speak from a place of shared experience.

Similar to what @Frank Chin was saying.Sean Whalen from Vintage law is someone I've been referred to recently.

A young guy I know bought a cute vintage camper, sprayed it black, cut a window in the side and built it out as a mobile coffee shop, which is now parked outside of events and staffed with college girls.