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Updated 6 months ago,
What cap rate do you all look for when investing in a duplex or multi-plex property?
I am considering investing in a duplex in Colorado Springs, CO and/or Austin, Texas. Colorado Springs property tax seems ridiculously low compared to Austin and its surrounding areas. I was even looking at 4 unit multiplex in Oakland, CA since I'm from the Bay Area so I can easily manage it myself but that place is such a mess. What cap rate do you all look for when looking at duplex's or multi-plex's? If you all have a CORE 4 to recommend in these areas please let me kThanks in advance