Thankfully it's been a while since I was in housing court, and I've only been twice, but I recall it was less than 6 weeks total.Of course, 'winning' is only half the battle, since the tenant now has an eviction on their record and won't get an apartment from any responsible landlord.

When they decrease the listing price and it continues to sit the on the market, people wonder if there's something wrong with the property.

Keep your eyes open while you're young and you can learn a lot more than you can sitting in a class room.

I haven't read all the responses, but think of cap rates like bond yields, and then recall that there are people that buy bonds with negative interest rates because they can lock in their losses.In that environment, a 4.5% cap rate is incredible.

I don't much care if they give me a personal check or if they zelle the money to me, it isn't going to stop me from having to sit in front of a banker.

I have another property which i am working on extracting more equity from.. but i currently don't have any opportunities lined up.. would you complete the new refinance at current low rates and sit on money for some months until a deal presents itself?

If you don't have any plans to use that $13k in the near future then you are just paying interest on money sitting idle.

@Jack Orthman just looked at this calculation and I’m sitting at 48% for 2021.

About 2 weeks later I see him sitting outside our house and he tells us he is waiting for the police to come because we stole his stuff!

With the current market and how many people are trying to find/buy MF this one has been sitting for a while.