I just appraised a 48 unit, 6 story building constructed in 1965. It is located in a nice suburb of Boston but not premier location. Value based on current market data: $185,000 per unit, 11 PGIM, 5.5% cap rate.

Is...

I am looking at a property in the North Collinwood area of Cleveland, Ohio. Im told it is a C-/D+ area. I’m wondering what everyone’s thoughts are on this area. The numbers for the property make sense. My agent has br...

Hello Everyone 
I have to install drywall, but there are a lot of wires as you see in the pictures. What can I do to avoid putting the drywall screws in the electrical wires? Can I use nail glue for installing ...

Let's say you have your property, and everything is going according to plan with your REI. How often do you want your PA doing a walkthrough of your tenant occupied units? Is this allowed? If so, is there a difference...

Hi Everyone, I just closed on a property yesterday . I went to check one of the units and the "tenant" was not moved out. I was told by the seller that there was a verbal month to month lease with the tenant who DID l...

Owner says he owns the property free and clear. There are 2 other people on the title.

Property is vacant (despite some homeless guys) and in a bad shape. We agreed on the price, numbers worked, I sent him standard ...

I’m about to close on another duplex. Now that the last tenants are gone I see the carpeting is a mess on one side. Maybe about 1,000 sq ft for the one side. I know LVP is great and long lasting, but we’ve decided not...

I'm in the midst of turning a park around that was in terrible condition upon purchase. We have spent tens of thousands fixing the homes and are now in the stage of moving the Park Owned Homes to the tenants. Some of ...

In today's Buffalo, NY News . . . Two Buffalo landlords to be fined for housing discriminationI often read the apartment postings on Craigslist, and more often than not, I see postings that read "no Section 8" etc, so...

In my limited experience, it seems that many banks value cash offers on REO properties.  In other words, a bank will accept a cash offer that is at a lesser amount than a financed offer.  I am curious in your experien...