We went 7% over asking price on a newly remodeled triple decker on our first attempt and still got outbid.

Prices of some construction materials have doubled and tripled, so the cost of new construction will be increasing as well, and the governments printing of so much money during Covid can only drive inflation up. 

Over in Taylor someone is triple dipping (laundry, self storage, and self carwash) on the same property.Also I fully believe in order to grow you have to use leverage, I finished a cash out refi on a duplex before the virus struck hard.

They all tripled in value by 1986 when the market started to crash.

Another potential option if you want a true hands off experience is a single tenant triple net lease (like owning the building a Burger King is leasing).

California should bounce back... even if this sets us back a few months 🙏🏼  but I am trying to make sure all my bids are double and triple checked.

@Soren Ager I feel the need to triple down on LeadProbe. 

I think I’m panicking because I currently have 12 single family units that net an average of 6800 (30 year loans on most) a year, and also only cost me an average price of 45k each(they are all worth close to triple now, I got in at a crazy time and renovated all of them.)But each unit on this purchase only nets 3200 a year(the Loan is for 15 years, not 30 so payments are much higher).

Triple deckers.Watch your property manager/agent laws for Master Leases.

Triple net lease?