How to Know What Cap Rate to Shoot For on Any Given Rental Property

This question comes up a lot when shopping for rental properties: “What cap rate should I be looking for?” Well, how about we first define a cap rate? What is a Cap Rate? Cap rate is short for capitalization rate, and what this number tells you is the relationship between the sales price of a property and the income it generates. It basically tells you if you are buying an ...

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