Is 14% IRR good or not?

[Ashley Garner]

I’m currently running the numbers on a B+ multi family investment. The before tax I RR is 14.74%. The after-tax is slightly over 10%

Do you consider this a good return? Or do you consider it too high and too risky? Or too low and not enough return?

[Charles Seaman]

@Ashley Garner for a B+ asset, that's a great return if you're using conservative and realistic underwriting.  The market is very competitive now and will remain very competitive for the foreseeable future, so people should expect to see those types of returns if they're using conservative underwriting.