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December 1, 2009 at 4:24 PM #489546December 1, 2009 at 4:35 PM #489172SD RealtorParticipant
I know Surveyor and 4plexowner are people you may want to email and ask about that. There have been old posts about this subject way back when. It takes work… alot of work. One thing you really want to look at are demographics of the target city… is it growing or shrinking, what are the employment drivers, things like that. I know Surveyor has places out of state, dont know about 4plex
December 1, 2009 at 4:35 PM #489643SD RealtorParticipantI know Surveyor and 4plexowner are people you may want to email and ask about that. There have been old posts about this subject way back when. It takes work… alot of work. One thing you really want to look at are demographics of the target city… is it growing or shrinking, what are the employment drivers, things like that. I know Surveyor has places out of state, dont know about 4plex
December 1, 2009 at 4:35 PM #489556SD RealtorParticipantI know Surveyor and 4plexowner are people you may want to email and ask about that. There have been old posts about this subject way back when. It takes work… alot of work. One thing you really want to look at are demographics of the target city… is it growing or shrinking, what are the employment drivers, things like that. I know Surveyor has places out of state, dont know about 4plex
December 1, 2009 at 4:35 PM #489874SD RealtorParticipantI know Surveyor and 4plexowner are people you may want to email and ask about that. There have been old posts about this subject way back when. It takes work… alot of work. One thing you really want to look at are demographics of the target city… is it growing or shrinking, what are the employment drivers, things like that. I know Surveyor has places out of state, dont know about 4plex
December 1, 2009 at 4:35 PM #489006SD RealtorParticipantI know Surveyor and 4plexowner are people you may want to email and ask about that. There have been old posts about this subject way back when. It takes work… alot of work. One thing you really want to look at are demographics of the target city… is it growing or shrinking, what are the employment drivers, things like that. I know Surveyor has places out of state, dont know about 4plex
December 1, 2009 at 6:38 PM #48906134f3f3fParticipantI’ve done a little leg work on this, and initially thought that Texas was going to be good, but the rental market relies too much on the potential buyer pool, and I was looking for a more traditional renters market, with a steady source of renters, and a market less volatile that in soCal. Boston has some lovely buildings, many appear to built as multi-family units, and a reliable source of renters. Buildings are cheaper to buy, rents high, so cap rates are tempting, but it is very seasonal. The downtown apartments and condos, some of which are beautiful, are more expensive and offer smaller returns. Philadelphia is another possible candidate. New York probably has lots to offer, but it’s just too big unless you already know it well. I’ve found that the best judge of current cap rates is listed properties with leases still in place. Redfin seems to provide more of these financial details than some MLS listings I’ve been receiving.
A company called Marcus and Millichap provide free reports. You just have to register http://www.marcusmillichap.com/Services/Research/ They give a brief but useful breakdown of cities’ rental markets.
December 1, 2009 at 6:38 PM #48992934f3f3fParticipantI’ve done a little leg work on this, and initially thought that Texas was going to be good, but the rental market relies too much on the potential buyer pool, and I was looking for a more traditional renters market, with a steady source of renters, and a market less volatile that in soCal. Boston has some lovely buildings, many appear to built as multi-family units, and a reliable source of renters. Buildings are cheaper to buy, rents high, so cap rates are tempting, but it is very seasonal. The downtown apartments and condos, some of which are beautiful, are more expensive and offer smaller returns. Philadelphia is another possible candidate. New York probably has lots to offer, but it’s just too big unless you already know it well. I’ve found that the best judge of current cap rates is listed properties with leases still in place. Redfin seems to provide more of these financial details than some MLS listings I’ve been receiving.
A company called Marcus and Millichap provide free reports. You just have to register http://www.marcusmillichap.com/Services/Research/ They give a brief but useful breakdown of cities’ rental markets.
December 1, 2009 at 6:38 PM #48961134f3f3fParticipantI’ve done a little leg work on this, and initially thought that Texas was going to be good, but the rental market relies too much on the potential buyer pool, and I was looking for a more traditional renters market, with a steady source of renters, and a market less volatile that in soCal. Boston has some lovely buildings, many appear to built as multi-family units, and a reliable source of renters. Buildings are cheaper to buy, rents high, so cap rates are tempting, but it is very seasonal. The downtown apartments and condos, some of which are beautiful, are more expensive and offer smaller returns. Philadelphia is another possible candidate. New York probably has lots to offer, but it’s just too big unless you already know it well. I’ve found that the best judge of current cap rates is listed properties with leases still in place. Redfin seems to provide more of these financial details than some MLS listings I’ve been receiving.
A company called Marcus and Millichap provide free reports. You just have to register http://www.marcusmillichap.com/Services/Research/ They give a brief but useful breakdown of cities’ rental markets.
December 1, 2009 at 6:38 PM #48969834f3f3fParticipantI’ve done a little leg work on this, and initially thought that Texas was going to be good, but the rental market relies too much on the potential buyer pool, and I was looking for a more traditional renters market, with a steady source of renters, and a market less volatile that in soCal. Boston has some lovely buildings, many appear to built as multi-family units, and a reliable source of renters. Buildings are cheaper to buy, rents high, so cap rates are tempting, but it is very seasonal. The downtown apartments and condos, some of which are beautiful, are more expensive and offer smaller returns. Philadelphia is another possible candidate. New York probably has lots to offer, but it’s just too big unless you already know it well. I’ve found that the best judge of current cap rates is listed properties with leases still in place. Redfin seems to provide more of these financial details than some MLS listings I’ve been receiving.
A company called Marcus and Millichap provide free reports. You just have to register http://www.marcusmillichap.com/Services/Research/ They give a brief but useful breakdown of cities’ rental markets.
December 1, 2009 at 6:38 PM #48922734f3f3fParticipantI’ve done a little leg work on this, and initially thought that Texas was going to be good, but the rental market relies too much on the potential buyer pool, and I was looking for a more traditional renters market, with a steady source of renters, and a market less volatile that in soCal. Boston has some lovely buildings, many appear to built as multi-family units, and a reliable source of renters. Buildings are cheaper to buy, rents high, so cap rates are tempting, but it is very seasonal. The downtown apartments and condos, some of which are beautiful, are more expensive and offer smaller returns. Philadelphia is another possible candidate. New York probably has lots to offer, but it’s just too big unless you already know it well. I’ve found that the best judge of current cap rates is listed properties with leases still in place. Redfin seems to provide more of these financial details than some MLS listings I’ve been receiving.
A company called Marcus and Millichap provide free reports. You just have to register http://www.marcusmillichap.com/Services/Research/ They give a brief but useful breakdown of cities’ rental markets.
December 1, 2009 at 7:44 PM #489076cabalParticipantThe hardcore CRE investors I know seem to like Loopnet. One acquaintance purchased a 40+ unit apartment complex in the Midwest.
December 1, 2009 at 7:44 PM #489944cabalParticipantThe hardcore CRE investors I know seem to like Loopnet. One acquaintance purchased a 40+ unit apartment complex in the Midwest.
December 1, 2009 at 7:44 PM #489627cabalParticipantThe hardcore CRE investors I know seem to like Loopnet. One acquaintance purchased a 40+ unit apartment complex in the Midwest.
December 1, 2009 at 7:44 PM #489713cabalParticipantThe hardcore CRE investors I know seem to like Loopnet. One acquaintance purchased a 40+ unit apartment complex in the Midwest.
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