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December 1, 2009 at 4:24 PM #489864December 1, 2009 at 4:35 PM #489006
SD Realtor
ParticipantI 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 #489172SD Realtor
ParticipantI 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 Realtor
ParticipantI 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 Realtor
ParticipantI 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 Realtor
ParticipantI 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 #48906134f3f3f
ParticipantI’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 #48922734f3f3f
ParticipantI’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 #48961134f3f3f
ParticipantI’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 #48969834f3f3f
ParticipantI’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 #48992934f3f3f
ParticipantI’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 #489076cabal
ParticipantThe 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 #489242cabal
ParticipantThe 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 #489627cabal
ParticipantThe 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 #489713cabal
ParticipantThe hardcore CRE investors I know seem to like Loopnet. One acquaintance purchased a 40+ unit apartment complex in the Midwest.
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