From my drive-by it looks like the "worst property on a good block"; not in disrepair just a little unkept; ugly mailboxes, dirty siding; leaves not picked up; no sign, very little landscaping.According to local banks, cap rates on deals are 8.5% on the low side to 10.5% in the mid-high side.What would you guys offer?

I was wondering if there is anywhere these final selling prices of these properties is recorded that i might be able to access easily so i can see how much it sold for to ad to my research.thanks alot

Im looking at a SFH, split into 3 units, 3 blocks from a major university in downtown.

Funny, I found an eviction notice from a year ago- reasons for eviction- Excessive Garbage, Pets- (She also had numerous pets) and behind 3 mos on rent- and she only lived two blocks down the road- She had given me false references.

I am fairly certain of the current values of certain neighborhoods, and can access the solds in other areas, but am unsure of the values in other neighborhoods that I am not familiar with but might want to do a deal in.

It could end up blocking a deal, and you could end up with problems if some prospective buyer started making phone calls.

It is a really nice set up though and also found out yesterday that the community college that's about 3 blocks down the street just got it's four year accredidation approval.

However, down the street from my current house is a similar house that was put up for auction by a private firm only to be taken off the block days before the auction took place, at least, according to the auction firm.

Another one bites the dust.....If someone has access to 95 LTV's with a 550 score, it would be worth flipping them a deal just to find out where they're getting their money.

The neighborhood in the 3 block area is decent (mind you Reading Pa.) in my opinion has really gone down hill over the years, but this is a nice area of the city I think, only because of the college.Anyway..here it is:3 unit 4300sq ft brick 2 story house on a corner lot.2-2br apartments and a 3 br apartment and a 2 bay garage.84 years old.