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Updated over 11 years ago on . Most recent reply

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2
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Daniel Taban
  • Los Angeles, CA
0
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Would you buy 15% cap in Yermo, CA??

Daniel Taban
  • Los Angeles, CA
Posted

I'm looking at a deal for a 6 unit multi-family in Yermo, CA. If you google it, you'll see its in middle of nowhere.

Each unit is about 1 bed, 1 bath at about 500 square feet and supposedly, each unit is rented out for $350.

Assuming data is accurate... what is your feedback about holding property in middle of nowhere???

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