All caps is not necessary. :)

Hi Everyone,I wanted to see what type of cap rates you are earning on your duplexes in sacramento.I purchased a duplex in december with a cap rate of 7.52%.

I'm looking at a cap rate of 10% and can use it myself.the area took a massive hit in the crisis but it's on the way up, Hertz have just relocated their HQ from New Jersey, huge VA hospital complex opened and the amount of new commercial construction is amazing.

So a park with space rent of $500 per month- is $6,000 per year- is a value of $42,000- give or take... pull 10 homes like this and you have lowered the value of the community by over $400,000... dealers make a margin or spread on a deal- a few thousand per deal- park owners play the CAP rate game- the stakes are much higher... when there are more home sites than homes, the game starts playing rough. 

It’s calculated by the following formula: Cap rate = NOI/property price.

I called a plumber since while I had a 20 foot snake and had an idea that the clog was there and not somewhere else since I carpeted over another drain in the basement and it wasn't wet over there and I know the layout of the sewage pipes, I I couldn't get the cleanout cap off for the life of me, and I had a pipe wrench, and using my 200+lb bodyweight LOL. 

It's actually not that much more than using lvp to cap substrate for carpet. 

You will be capped at 65 LTV 

Your cap ex and management will likely to be factored in and are you planning on seeing these in person.

I have some clients that are interested in looking at Condo/Townhouses in Houston as an investment, but I'm not sure what to recommend they withhold as Cap Ex from their cashflow when running the numbers.