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Updated over 5 years ago,
2-4 units overpriced everywhere?
I am a realtor in CA and I've spoken with realtors in Ohio, Florida, Texas, Tennessee and I've had no luck seeing a difference in return on investment or cash flow on properties. I can get around .62% on SF here and thought for sure after all I've heard about these markets that it would be totally possible to get between the 0.70-1.00% on SF and close to that on a duplex or even have decent cash flow on 2-4 but from what I'm seeing that is not the case anywhere. What am I missing - is it only those who have the large & expensive mailer systems in place who find anything worth buying anymore - and for that you'd need to live in the area? I have two rentals here and might as well continue to invest in CA if there is nothing better to be had elsewhere. Feeling super late to the party and frustrated. Would love feedback and advice or direction.