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Updated over 5 years ago,
Am I missing something or over thinking?
I’ve been looking for properties to invest in that meet the flowing critters and I keep falling just short. I’m trying to follow The things I’ve heard Brandon Turner reference.
-1% rule or greater
-Cap rate of 10% or greater
-cash flow of $200/mo+
I’m finding multiple properties that are 1%+ and cash flowing at $200/mo+
But I can’t find the cap rate of 10%+ at the same time, unless I’m looking at class C properties, which I’ve been advised not to consider at first and that I should stick with B class properties. (Yes, I know that’s subjective)
What am I missing or doing wrong here?