So they cut the values in half and then raised the tax rate 90%.

. :) just dont let Cap rate influence you into buying high yeild high risk properties those you will most likely regret buying. 

Value report has just been released and it’s full of good information for those thinking about a minor or major home improvement project in the future.Exterior projects continue to cost homeowners far less than they’ll spend inside and yield the highest rate of return upon selling.

I have a deal I am currently looking at in Chesapeake Virginia, and I would love your thoughts on this:12 units 1bed/1bath apartment built in 1912 (renovated in 2018). 9536 SF, the asking price is $995,000 at 8.07% cap rate with a NOI of $80,106.

There's an off-market tenant occupied portfolio sale with 5.99% interest rates for investors. 

Yes, we call the employer directly using a number found online, not the one provided by the applicant, and we verify their employment and pay rate.

I know that interest rates are high, however looking for opinions on these numbers.

Employing this approach, the fund I previously worked for achieved a 4.93 rating.

Also just to add, we did provide an entire packet for the appraiser of the updates, added value, AirDna data with occupancy rates and market data of neighboring comps.

Great time to for multifamilies rents are high rates are dropping and values will continue to climb for 2024!