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Non-Tech : Investing in Real Estate - Creative Opportunities -- Ignore unavailable to you. Want to Upgrade?


To: John Vosilla who wrote (2667)7/10/2019 10:01:28 AM
From: E_K_S  Read Replies (1) | Respond to of 2722
 
Been eyeing some Nevada Four plexes and even w/ today's rents and current prices generate a 9% cap rate.

Here is one example

On next cycle down, the key will be the location and all those City/County/State unfunded liabilities which may/could increase our operating costs and may out pace rent increases.

I plan to filter my Buys on new construction vs old as 10 years or newer may not demand a much higher premium. Lower interest rates (and possibly future negative rates) are a net positive for owning RE (and other hard assets).

Many of my back of the envelope Cap rate calculations do not work in many parts of CA and I doubt the current rent rates will hold. However, I said that in the past and they keep going higher. It's hard to bet the success of an investment on 'future' rent rolls.

Finally, looking at cash on cash investments w/ no debt/leverage.

What have you been seeing in Florida? I also like Texas as that State has shown excellent growth.

EKS