Updated over 11 years ago on . Most recent reply
cap rates question
Loopnet has been sending me lots of multi family properties with cap rates listed. Do they pre vett these properties to come to these cap rates. I know to do my own due diligence I was just wondering if any of it could be considered a starting point. Thanks.
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Jon Holdman
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Jon Holdman#3 Real Estate Deal Analysis & Advice Contributor
#3 Real Estate Deal Analysis & Advice Contributor
- Rental Property Investor
- Mercer Island, WA
Nope. Cap rates are provided by the seller or their agents. Rest assured your actual cap rate won't be any higher than the claimed number.