So we put our rentals on 15 year loans for now until we decide to leave the fire department and solely rely on our real estate business for income.

I've known him a long time and decided to approach him to gain some info/network.

Welcome and congrats on deciding on this path!!!

July 14th at 7:15 am. at the Ihop (B) in Hixson. (5113 Highway 153, Hixson, TN) We would love for anyone to meet with us to discuss your goals in real estate and see if we can help one another on that path.I'm a big fan of miracle morning teachings and this is what me and my friends have decided to start doing on a bi weekly setting with the location changing from time to time.

Surprised nobody has mentioned that you shouldn't be using a cap rate to determine your offer.This is a residential property since it's under 5 units and it's value is strictly based off comps.Look what other comparable 4plex's have sold for and then decide your offer based on that.It could very well be that you're just in an area where the price to rent ratios don't make sense.

It is up to you to decide if you are willing to complete the transaction.

Go to larger multi-families or commercial properties, perhaps investing passively in syndications to get your feet wet, then decide later if you want to start doing your own deals.

It is about assessing different investment options and then deciding which is the least risk and max returns.So say if RealtyMogul returns 8% in the past.

That’s up to you the investor to decide.

I’m wondering what you decided to do?