Depending on your biases/perceptions, it could be a great rental area (or a great area to get mugged).

Open your mind :)Thanks B,These investment terminologies are still to far advanced for my high school drop out perceptions :)We still have a lot of Weet-Bix to eat before we reach that level lolThanks

The cap rate does not predict cash flow or profitability, only the markets perception that the lower cap rate will be less risky to collect the same NOI.I'm between the Aquarium and the Outrigger Canoe Club now next to Jimmy Buffet's new place.  

I think you'd probably be better off after living in the area for a month or 2, because my perception changed, and learning the area and talking to some local agents or investors changed what I thought about Phoenix before I got here; in a progressive way of understanding, not necessarily good or bad.  

And there's no right or wrong place to draw this line...it's up to each person's personal risk perception.

although we know markets are tightening but a lot of that is purly perception.. its tight because the deals are not as juicy as 2009 to 2010 but they are still good.

If I look at the property and I find it is in good repair, a reasonable location, and I can keep it full, the worse the market's perception of the property, the better.

If they are confronted with a reality that differs from theirs, they may react in a way to allow them to maintain their comfort zone and defend their reality, often by utilizing ridicule, insults, or derision to avoid further discussion and any facts emerging that threaten their position, beliefs, perception, comfort zone and feeling of authority.

I believe that at times we allow our opinions to be influenced by assumptions or perceptions.

I seriously doubt ALL Nigerians are scammers and it's unfortunate that's the perception on BP.