They are asking $159,000, but his agent has told mine that they would accept $140,000.Over the past 3 years, the expenses have averaged $10,393 a year. 

You may have to accept some of the blame for not being clear on your contract.

I'm asking this because hypothetically, if the previous owner purchased the same apartment for $5MM years ago and in the offering memo it shows tax as ~$500-600K, and I purchase it for $10MM, would the property tax increase nearly 2-fold just because I accepted a higher price than what previous owner bought at?

I finished my online course, and still felt nervous about the test.

Hi, we’re looking for some advice on how to deal with a tenant who is threatening to sue us over a mold issue in a rental home we own.The issue first came up in October, whereupon our property manager immediately abated rent and arranged for mold testing to be done. 

Have it tested? 

Exactly.. see my previous rent.. because often people just accept.. they don't analize THINK and deduct...

Hi everyone,I have read several books, listened to many podcast, and educated myself anyway I could and one question that seems the most difficult for me to answer is "do I get an offer accepted before I secure financing?"

For example, if rents are below market, one would be more willing to accept a less-than-market cap rate in exchange for the promise of raising rents and achieving a higher-than-market cap rate as a reward for undertaking the project.

I’d be happy to connect you if you accept referrals?