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Updated about 5 years ago on . Most recent reply

User Stats

7
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0
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Iago Noya
  • New to Real Estate
  • Los Angeles
0
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7
Posts

Commercial Investing in Los Angeles

Iago Noya
  • New to Real Estate
  • Los Angeles
Posted

What is the average Cap Rate in North Hollywood and Echo Park?

OR 

Where can I find the Average Cap Rate of each Neighborhood in LA County/ San Fernando?

Most Popular Reply

User Stats

8
Posts
3
Votes
Kevin Akb
  • Los Angeles/Orange County
3
Votes |
8
Posts
Kevin Akb
  • Los Angeles/Orange County
Replied

@Iago Noya No worries. 

Frankly, don't hesitate to pick up the phone and call local brokers. Some will be more helpful than others, so call a few.

If it makes you feel more comfortable, try calling a small, local shop (check Yelp, etc) rather than a rainmaker at a national shop. A quick 5 minute conversation can save hours of online research and give you big picture guidance.

But do have some general criteria to provide, like I mentioned above, as well as your price point, so you're taken serious, but don't overthink it.

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