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All Forum Posts by: Danielle Lynch

Danielle Lynch has started 6 posts and replied 18 times.

Quote from @Eliott Elias:

Lower your expectations on contractors and PM's, you will just be left disappointed. 

 I've heard a lot of that. Worrisome. They say who how for a reason

Quote from @Ray Hage:

@Danielle Lynch Hey Danielle, I have good people for both and can send to you. I will tell you though generally speaking, they are hard to find but I am thankful for my good ones. 

Rays knows all
Quote from @Danny Simard:

I don't know that market, but I suspect you'll have to specify what asset class you're looking at. Cap rates probably vary between: 

- multifamily

- industrial

- retail

- office

- mixed use

- other/specialty

What asset class are you interested in?


 Apartments Multifamily

Hi, I am shopping real estate deals down in Miami, Fort Lauderdale, Hollywood, Palm Beach FL. I am looking for a trustworthy knowledgeable general contractor and property management company in the area. If you know of one that would help me out a ton.

PALM BAY*** FL -- it won't let me edit the title.

Hi everyone. Does anyone know the market cap rate in Palm Bay, FL? It's about an hour southeast of Orlando near Melbourne, FL.

Post: Cap rate compression

Danielle LynchPosted
  • Posts 18
  • Votes 15

Cap rate compression does not necessarily mean a property's income is increasing or that the property is appreciating. It reflects the change in the relationship between the property's net operating income and its purchase price. So if there is a higher demand in the market it will naturally push prices up across the board while NOI is remaining constant. Thus compressing CAP rates.

Hi guys,
My first bigger pockets post. I own 3 long term rentals in Chicago and I am looking to buy my first multifamily in south Florida. Does anyone have recommendations on cities they are investing in Florida that are currently working? Do you think I have to start with 2-5 units or just analyze the numbers and try to scale up to more doors (which is my goal at this point). I have $500K liquid and another $400k in stocks I could pull out if I find a deal I can't pass up. Thank you in advance for any help!