01-12-2008, 04:48 PM
|
#7
|
Senior Member
Join Date: Jan 2006
Posts: 6,177
|
Quote:
Originally Posted by venomous viper
I've been buying real estate for 35 years and have NEVER used a cap rate on single family homes or small properties. I don't know of anyone that does. Are you looking for tax shelter, cash flow or long term appreciation. Your answer to those 3 items would determine what you should be looking for, imo.
|
Thanks, good advice.
|
|
|