I’ve been wondering that same thing.Seems to me when comparing candidate investments, why would I pay more for an investment with risk and work (5% Cap multifamily), than a risk-free passive investment (5% CD or T-Bill).Note that going from a cap rate of 5% to 10% is a 50% drop in price…that’s significant…easy to see why a seller isn’t willing to give a higher return.I’ve asked the question before and gotten answers like it’s because investor borrowing costs vary, and you must consider future rent growth and appreciation … I guess if you have low borrowing costs and are optimistic about the future a 5% cap rate makes sense.

If you would like help feel free to reach out , but whatever you do, do not try and do this alone, you will get crushed, 

IMO, someone who hasn’t made anything in the markets recently should certainly not be jumping into real estate with limited knowledge.

Louis, feel free to PM and I will happily share there contact information :)

Feel free to reach out with any questions. 

A lot of forum members are very knowledgeable in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, rentals, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.The site has quite a few tools that can be helpful for new members.

A vacant and re-habbed unit allows the option of a tenant to move into it, thus freeing up the next unit. 

You can atleast get the mongrel to lose their free meal ticket by turning him in 

We manage our members property free.  

If you have more questions feel free to send me a DM!