Can't find higher than 4% ROI on residential multifamily in OC
Hey guys, I wanted to get some feedback from the Orange County community in SoCal where I'm looking for a multifamily deal. Whenever doing searches for listed properties, I seem to come up with 4-4.5 % at best for ROI. I'd like to ask investors familiar with this market if that limitation is generally true for this area or if they routinely come across better deals than that. Thus far I've been searching properties on Loopnet and Zillow.