Updated about 4 years ago on . Most recent reply
Colorado - Rent by the Room
I've narrowed down my locations to the Thornton & Westminster area of Colorado for rent by the room (RBTR) SFH's. Does anyone here actively invest in these types of properties with the RBTR strategy in Colorado or my selected markets?
I'm wondering what a reasonable Net CoC is. I've heard cap rates of 4.5%, which gives me something to work with. Anyone willing to share what they have found within the last year to be attainable, that would be fantastic. Or any insights/thoughts on this strategy in CO or the markets in question. Trying to develop my excel sheets for deal analysis as I make my market shifts (coming from the Midwest where 1% still works).
Thanks Everyone!