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Updated about 9 years ago on . Most recent reply
What does your ROI look like in California?
I'm an investor in California and have bought in Stockton and Elk Grove. I read the deals in other parts of America and we don't get anywhere near the ROI as other parts of the country. I typically get a cap rate of about 7% on a SFR. How are others doing in California? If you're doing better than 7% cap rate, what is your strategy.
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Jay Hinrichs
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Jay Hinrichs
#1 All Forums Contributor
Professional Services
#1 All Forums Contributor
- Lender
- Lake Oswego OR Summerlin, NV
@Gloria Mirza I closed one today in fact and after paying my ground partner half of profit my return was 43.51% APR... I love Sacramento !! At least today I do..
- Jay Hinrichs
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