I think it's hard to compete trying to sell a rehabbed 2 story 50- 100 year old property when someone next door is trying to sell a brand new 3 story with a roof deck for a relatively similar same price.

Taken me a while to "get it" but agree with @Brian Burke, cap rates are relatively meaningless when you are underwriting the PP of a property because of all of the variables.

Demand for turnkey homes already in perfect shape to live in is actually down a tad, relative to people that want to live out the HGTV fantasy wherein throwing in $20k in upgrades actually adds $20k in value. 

Hi @Leon Kanon - I'm relatively new to Milwaukee compared to others, but I'll share what I've done/know.  

My dad helped many relative through the probate process, especially those who needs help with English.

I do have a question related to an apartment I rented for the pass 4 years in New York City.

You definitely don't want a situation where someone gets hurt by traps or poison that you place.If it is more related to the tenants being pigs than a hole on the outside then it may require some education on how to keep things clean and charging them for pest control if local law allows it etc.

Hi there, relatively new to the community and first time poster... love all the info on residential real estate.

That's one way to have one less guest at Thanksgiving dinner--don't discuss fees/payment with your relative for their time/effort on your behalf. 

If you have information relating to this company please feel free to share your insights.