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Updated over 7 years ago, 04/19/2017
Buy (rent out) and hold is dead...
Buy (rent out) and hold is dead... at least for now
With markets so richly priced in almost all metropolitan US, we are lucky to even get a 5-6 cap. And after factoring in op expenses, allowances and debt reserve, a 5 cap investment will most likely turn into a money losing proposition. I think this is a common sight .... so what is an eager REI investor to do?!
Joe Villeneuve
#4 All Forums Contributor
Pro Member
#4 All Forums Contributor
- Plymouth, MI
What are you talking about? Sorry, but the answer to your question of, "so what is an eager REI investor to do?!" is simple. Find a different market...or a different strategy.
I am consistently delivering "Hold properties" anywhere between 9.5 - 14% Cash on Cash Returns. I have one right now doing 20%.
Well maybe they are dead where your at but not in my market...B and B+ properties in still getting 15 -18% and higher CAP...
NREIG
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