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Updated about 2 years ago on . Most recent reply
![Jenny Perron's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2268713/1633116835-avatar-jennyp51.jpg?twic=v1/output=image/crop=382x382@8x0/cover=128x128&v=2)
Sell in California and buy in Kentucky or Ohio!
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!
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![Joe Homs's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/193243/1621432275-avatar-joehoms.jpg?twic=v1/output=image/cover=128x128&v=2)
@Jenny Perron how much is the appreciation in Kentucky?
Housing in KentuckyThe 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 CaliforniaThe 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...
- Joe Homs
- [email protected]
- 949-625-4533