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Updated over 3 years ago on . Most recent reply

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2
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Fang Li
  • Irvine, CA
0
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2
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Cap rate in strict rent control cities

Fang Li
  • Irvine, CA
Posted

For strict rent control cities like Richmond CA, what’s the cap rate an investor should look for? I saw some multi family properties for sale with good cash flows, but these properties have been on markets for a long time. Is that because the rent control or Richmond doesn’t have good appreciation potential? Thanks

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