Given where we are in the cycle, if the numbers make sense in today's market, but not in a worst-case scenario, I personally would not pursue the deal.That being said, you shouldn't NOT buy properties just because of where we are in the cycle, you just have to run the numbers very well, be confident in them, and plan for the worst-case scenario.Robert Leonard

I walked a property today and by the time I ran my calculations on it, it was already under contract after being listed for <16 hours. 

Today I own nearly 2500 apartments and 3rd party manage about 1000 more for apartment owners.

I found that the property was once 4 separate units but recently renovated and is now 2 units with a semi finished basement.Potential Problem: I closed a few weeks ago and today I visited the City to determine what I would need to make the basement a legal unit.

This one won't last, call or email us today get pre-qualified before it hits the market!

@Tim JohnsonThank you Tim, luckily today I’ve met a builder who builds in Manhattan for the last 8 years.

I’m going to call around today when management offices open up and see what their fees are

Today, I received  multiple calls from the next door neighbor, and he is insisting on having a say in the tenant selection because he "wants to make sure he gets good neighbors." 

Otherwise, price slab, it's so damn durable it makes laminate look stupid.This counter looks as good today as when I did it in 2005.

I was informed today that the property in Atlanta appraised for $250k and my offer to the seller was $275k.