Average return of a Multiunit?

[Jay Z.]

Hello Everyone,

In the past 3 years I have been doing Brrrr investments on individual residential properties and bought 10+ rental properties. My cash return is 20-40%. BTW I didn't know "Brrrr method" until recently I found Brandon has already theorized and exposed my secret. :)

While I am happy with my return rate, the process of Brrrr-ing individual house is time consuming, thus I can only help a couple of "repeat" investor friends, and I have to say no to other investor friends. And buying larger individual residential rental doesn't seem generate same return rate (If anyone think I am wrong, please chime in). This makes me to think about apartments. For those who have experiences of renovating and refinancing an apartment, what are your return rate?

Thanks,

Jason

[Aaron K.]

It will be quite similar, and depends on the market, assuming you aren't selling, because the appraiser is essentially the one who holds your returns in their hands.