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Updated over 7 years ago on . Most recent reply
Dreaming of 8 caps. Am I crazy?
I've just started my search for 10+ unit MFRs.
I've set my criteria at an 8 cap in B areas.
Is that realistic or do you think I'll have to reset my expectations?
I'm looking in multiple out of state markets, but I'm concentrating on secondary markets in MSAs with growing population and shrinking unemployment.
Thanks!
James