Aug 15 in General discussion
BEST 1-5 MARKETS TO TARGET
now you got me thinking more strategically..I live in California and since CA is not very affordable I will be targeting out-of-state markets that have more favorable cap rates given today's higher cost of borrowing. I checked course outline, but see no guidance on how to choose market. Do you have any suggestions on how to research best markets to target? I was thinking since cost of borrowing is closer to 6.5-7 interest rate, I'd need to target states with at least an 8 cap. Is there a heat map of MHP cap rates by state/market? Or what's the best way to go about this? Thank you.
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BEST 1-5 MARKETS TO TARGET
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