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Updated over 7 years ago, 10/04/2017

User Stats

184
Posts
223
Votes
James Kojo
  • Rental Property Investor
  • Scottsdale, AZ
223
Votes |
184
Posts

Dreaming of 8 caps. Am I crazy?

James Kojo
  • Rental Property Investor
  • Scottsdale, AZ
Posted
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

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