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Updated over 7 years ago on . Most recent reply

User Stats

9
Posts
2
Votes
Phil Teague
  • Investor
  • Nashville, TN
2
Votes |
9
Posts

Most Popular Reply

User Stats

41
Posts
26
Votes
Vinit N.
  • Real Estate Agent
  • Jersey City, NJ
26
Votes |
41
Posts
Vinit N.
  • Real Estate Agent
  • Jersey City, NJ
Replied

It depends on the market and the location. I usually purchase in high desirable areas, where the properties tend to be a bit expensive, however I can avoid vacancy costs. I've had 0 vacancies across all of my properties for the last 6 years.

That being said, 10% COC is what I look for.

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