Where is the cash flow?

[Justi Kobilis]

Okay everyone! You've probably all heard this one before and I apologize for the repeat but...Where is everyone seeing the best cash flow returns on properties in the current market? I've looked in several places around the country and while a 1% rent to value is reasonably good if you have appreciation, I do not want to count on appreciation, especially in the pre-recession market we are in! Anyone seeing 1.5% to 2.0% in low crime/decent school areas anywhere, $40K to $80K properties, SFR to fourplexes?

Thanks to all, happy holidays!

Justin Kobilis/California