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I'm interested to get the perspective of any members in the Long Island City (LIC) area or an outside view of the current market conditions in LIC. LIC has experienced a big boom over the past 10 years. It is right on...
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Buffalo, New York, has once again been named the nation’s hottest housing market for 2025, marking the first time a city has held this title in consecutive years. Several key factors contribute to Buffalo’s sustained ...
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Looking to raise rents in a 4 plex to near area average, the property was purchased a couple months ago and each unit is well below market. My thoughts were to send a letter letting the tenants know that the rents wi...
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Good morning, I’m looking for advice from a seasoned appraiser. I’m closing on my first investment property in the next couple weeks. What actually adds value to a home?
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I currently own a fourplex and have raised the rents for all units over the last two years of owning the property, but the rents are still below average for the area. If I decide to raise the rents again, are there an...
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I am looking at a deal, fully renovated duplex in Frogtown, MN. The offer is $115K, 2 unites with 2bedroom/1 bath and rental is $750 per month. The property has been fully renovated. Would you consider buying for ca...
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I've been looking at some small multi family homes on the MLS in Chicago and it seems like a lot of the rents on there are below market. I assume that the rents are placed by the seller's agent and are accurate. So I ...
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Hi all, I am extending one year lease to my tenant with not increase at all. I thought she will appreciated.Instead she mention , I will resign only if you do following few thingsDoor belt to be fixed. Which could be ...
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Would you buy a 2-4 unit property that needs 85% increase in rent to match market rate and purchase price?
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As I hear day after day about rising prices and the biggest jump in real estate price indeces since 2006, I wonder how much of the measured increase is not actually due to an improvement in the market, but due to p...