But here’s the rub: cap rates compressed to 4% since buying those, and that certainly contributed to the home-run style outcomes.  

Have the hardscape guy drive over it while he is putting it down so it will compress and he can add more if necessary.

Hello Osman -If you haven’t been out shopping for commercial property lately It’s probably quite the surprise to see how compressed cap rates are. 

@Brian PownallExcellent data, clearly shows cap rate decline and cap rate compression.This cap rate compression does not impact my investing strategy.My strategy is based more on investing where I have a competitive advantage than relative cap rates.

You could exchange those three properties for one panhandle property and get to use the deferred tax for your benefit rather than paying it to the govt.The compressed time lines can cause some angst. 

Are you looking to hold long term and defer as much expenses as possible, wait for cap rate to compress further, wait for inflation to carry rent higher, and are you actually decently positioned CF wise?

Provides solid returns for investors in an uncertain and compressed residential real estate market.- Educate veterans about all the tech and operations jobs the industry has to offer.

The return of member capital could be coming from any number of sources: a strategic refinance, significantly increased cash flows, release of escrow monies, new construction coming online, strong appreciation/compressed cap rates, opening of an Amazon Prime Warehouse next door, etc Each deal has its own uniqueness.Does that clarify things at all?

I am also a great believer in investing when there is distress and deploying capital when you can.Florida's cap rates are far too compressed and I do not see appreciation potential.

have not seen that big a jump on the west coast and actually some rent compression..