Was curious to find out what everyone's opinion on cap rates in Tarrant County for single family houses with all the appreciation we are seeing. Obviously you want the highest as possible but with the current market inventory whats "realistic" and would be good numbers for you. I would say this:
General Cap Rate that someone can stumble upon using a realtor: 5-10%
Investor Cap Rate with rental rehab rate 10-15%
Smart Investor Cap Rate buying a discount doing a great rehab and renting top of market 15-20%
What are your thoughts!?! This going up or down?
Active investors only with real world experience only please! Thanks guys!
And for a curve ball whats your thoughts on Multifamily Cap Rates?