All Forum Posts by: Kalin Stocker

I get that this isn't the norm anymore, I am just looking at a property that is a "sober living" type of rental that has pretty phenomenal returns that I haven't seen in a while. Found myself wondering what everyone else was seeing in other parts of the country? 

Ok! I understand ways to make properties work for now so that in the future they can be profitable, but that doesn't change the way you calculate Cap rate I don't think. It would still be net income/purchase price?  What you are typically seeing in your part of the country/ local area? 

Wondering what everyone's lowest acceptable cap rate on rental properties is in this market? 8% cap? 10% cap? More? Less?

I Understand that it more than likely varies, and is based on many different factors (type of property, type of renters, part of the country,  maybe it has more potential for higher resale than I could generate in rents? the list goes on),

But just curious at what people are seeing these days with all the chaos in the market, rising property values (and rents), potential for non paying renters, eviction laws, ect. 

Still getting the same returns you used to? Better? Worse?

I'm curious concerning all types of properties across the board, so don't be shy, throw your numbers out there!

-Kalin

That Turd Muncher Caesar Inslee extended Washington state's moratorium until sept 30th.  What an A$$ hat. Sorry not Sorry. 

What an absolute Crock. Of course, state and local politicians are going to go along with this. still don't understand how politicians can tell us how to conduct business over a year later. 

I have! but I don't have a particularly large portfolio and I pre screen my tenants personally and meticulously.  

Also, a couple of lenders are not allowing rental income of any kind to be claimed. 

@Aaron Smith I haven't made a move yet... Rates are really only low for primary residences and only with certain companies. Seems like lenders right now really only want the most A+ loans they can get right now. 

@Leland James, depends on the deal, but many times, yes! we can finance Projects up to 75% LTV of the resale value.