12% yield Brandon Turner& David Greene

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Both of these guys said their threshold for returns is 12%, or they won't bother with a deal. (Assuming they mean cash-on-cash since that would be a lousy IRR. Would be a tough cap rate- possible, but not likely)

So, anyone here from the community actually bought any new deals in the last year or so that yield 12% or better, cash-on cash?

Would love to hear if people are having this level of success in these markets.