Wanting to gather a group of investors to help mentor myself

[Rachel Graves]

Hello everyone! I am a Real Estate agent with RE/MAX Marketplace in Madison, MS. I also am a beginner investor (very small). I am dealing with a lot of investors whom are wanting multi family units here in our state. I have found that the particular ones I am working with seem to want an unrealistic cap rate. I know some investors are wanting distress properties to help push them to that cap rate once rehab work is completed. However, there are not a lot of distressed properties available (even off market). At least not as distressed as they would have hope to make the overall numbers work. If anyone would like to help explain to me coming from an investors point of view how sticking with just a particular cap rate that isn’t happening in a particular market benefits anyone? The properties some look at are 100% occupied units, free property management, and has a decent cap rate. Overall when you run the numbers it’s a win on these properties. However, being that the cap rate alone isn’t what they want then it is immediately turned down? Any input on this would be greatly appreciated!