Christopher Miller, MBA | Specialized Wealth Management
Originally Appeared in Apartment Management Magazine
Also – How to Calculate Your Cash on Cash Return.
This month, I look at inflated multifamily prices here in California and ask “Would you buy your property today for what it is worth? If not- why aren’t you selling?” I’ll discuss the potential to sell high here in California and complete a fully-tax-deferred 1031 Exchange into more reasonably priced properties out of state for more growth potential.
Also – this article includes a worksheet that investors can use to determine their cash on cash return. I always remind investors that your gross rents aren’t what’s important – it’s your Net Income after all expenses: What you can spend.
