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All Forum Posts by: San Patel

San Patel has started 4 posts and replied 15 times.

Post: Best NNN ? What’s the ideal cap rate in Midwest restaurants?

San PatelPosted
  • Rental Property Investor
  • Dublin, CA
  • Posts 20
  • Votes 1

@Amit M.What do you mean with those keywords? 

Post: Best NNN ? What’s the ideal cap rate in Midwest restaurants?

San PatelPosted
  • Rental Property Investor
  • Dublin, CA
  • Posts 20
  • Votes 1

@Bryan Pore After thinking through, I'm considering gas station and dollar store franchises worth taking a look as these two businesses are very consistent in every market. Restaurants businesses are taking a hit now, I'm sure it will recover, but not sure how long it is going to take. I guess restaurant franchises may be cheap this year.

Post: Best NNN ? What’s the ideal cap rate in Midwest restaurants?

San PatelPosted
  • Rental Property Investor
  • Dublin, CA
  • Posts 20
  • Votes 1

@Jacob Dawson Thanks, appreciate your reply!

Post: Best NNN ? What’s the ideal cap rate in Midwest restaurants?

San PatelPosted
  • Rental Property Investor
  • Dublin, CA
  • Posts 20
  • Votes 1

@Greg Dickerson thanks! Restaurant Franchise above 6 a better deal?

Post: Best NNN ? What’s the ideal cap rate in Midwest restaurants?

San PatelPosted
  • Rental Property Investor
  • Dublin, CA
  • Posts 20
  • Votes 1

@Ronald Rohde thanks! I'm looking as the investment point of view, not running the business myself. NNN of restaurant franchise like KFC etc.

Post: Best NNN ? What’s the ideal cap rate in Midwest restaurants?

San PatelPosted
  • Rental Property Investor
  • Dublin, CA
  • Posts 20
  • Votes 1

Hi, I'm a newbie to NNN. Looking for consistent cash flow on the invested cash. What's the good cap rate range? What is the current interest rate on LTV 70-75%? I'm focusing on restaurants for now.

Post: Rental property deals

San PatelPosted
  • Rental Property Investor
  • Dublin, CA
  • Posts 20
  • Votes 1

@Alex Olson Yes, fully occupied and managed by PM. 

Post: Rental property deals

San PatelPosted
  • Rental Property Investor
  • Dublin, CA
  • Posts 20
  • Votes 1

@Bjorn Ahlblad thanks much!

Post: Rental property deals

San PatelPosted
  • Rental Property Investor
  • Dublin, CA
  • Posts 20
  • Votes 1

Hi, just wanted to get your opinion on below number-

Property price - $420k

Annual gross - $42k

Expense $7.8k

Vacancy Factor - 0.01

Is it considered a good deal considering it’s in California? I know it’s not meeting 2% rule.

Thanks!

Post: Things to focus when buying multi family property?

San PatelPosted
  • Rental Property Investor
  • Dublin, CA
  • Posts 20
  • Votes 1

@Chris Collins I own a primary home in Bay Area and I feel like I can achieve MFR in other parts of the country to generate consistent positive cash flow. Market is already peaked, so I won't invest for much appreciation. I see 2% rule can be achieved in mid west and south west.

I’m currently doing Fundraise, I like that but I want something physical.

Looking for advise around upcoming markets. I wonder how the snow zone can give positive cash flow with lot of headaches around maintenance.

Thanks for reply!

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