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Updated over 2 years ago on . Most recent reply

User Stats

8
Posts
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Jenny Perron
  • Real Estate Broker
11
Votes |
8
Posts

Sell in California and buy in Kentucky or Ohio!

Jenny Perron
  • Real Estate Broker
Posted

As a broker in California and in Kentucky, it's mind-blowing that cap rates are as low as 2 or 3 in CA and yet investors hold on to these when they could sell them and by 10 times the units in KY with strong cash flow!  

  • Jenny Perron
  • Most Popular Reply

    User Stats

    2,146
    Posts
    1,103
    Votes
    Joe Homs
    • Flipper
    • Mission Viejo, CA
    1,103
    Votes |
    2,146
    Posts
    Joe Homs
    • Flipper
    • Mission Viejo, CA
    Replied

    @Jenny Perron how much is the appreciation in Kentucky?  

    Housing in Kentucky

    The median home cost in Kentucky is $165,900. Home appreciation the last 10 years has been 51.7%. Home Appreciation in Kentucky is up 10.8%.

    Housing in California

    The median home cost in California is $684,800. Home appreciation the last 10 years has been 120.1%. Home Appreciation in California is up 18.8%.

    I will stay here.

    Good Investing...

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