So who is still buying rentals there .

[Bob Stevens]

Hello all, over the last 10 years I have seen net cap rates go from 25- 30% down to about 10% as pricing has more than doubled or tripled in the Cleveland markets.  So, who is still taking advantage of the double digit returns and how has your experience been? 

[Bob Stevens]

Quote from @Nicholas Misch:

I am currently doing a SF BRRRR and It looks like we will be getting between an 15-18% return. Not a smash, but better then most other investment vehicles.

 Hi, you mean your cash on cash after refi right ? I would find it hard to believe you are getting 15- 18% NET caps on all cash purchases. But then again I see your from there, so maybe you are just like I am :)  All mine are not less then 20% net caps.