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Arthur P.
  • Real Estate Broker
  • Pinellas County
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166
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Who is buying in this market?

Arthur P.
  • Real Estate Broker
  • Pinellas County
Posted

Who is buying these multi family properties with 5/6/7 % returns?? Are people buying for appreciation?

What happened to 10% and over.

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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
ModeratorReplied
Originally posted by @Arthur P.:

@Russell Brazil I understand the concept but who is buying at these low returns? You can get into stocks with these returns

 Well Im certainly buying and continue to grow rich in doing so. However I wouldnt be buying in all cash.  The greatest aspect of real estate investing is using leverage to purchase it.  Your return is artificially low in purchasing in all cash.

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