Selling Duplex

**mspdev** · 10-12-2008, 08:59 AM

I have purchased 4 duplex properties (in ca) over the last 4 months. They were all purchased from banks. They all provide me an adequate return. I would like to sell two properties. I can sell at a price that offers the buyer a return of at least 10%. My question is are there any investors looking to buy a duplex offering a 10% return? If not what rate are investors looking for?

**jamesww** · 10-12-2008, 10:15 PM

Most of the investors that I have come into contact with are looking for cap rates around 12% or greater. You will begin to see more of them as the commodities market softens and the stock market continues down or sideways.

**matthew050204** · 10-13-2008, 08:23 AM

Especially now it is very lucrative to invest in Real Estate!
A rate of 12% is realistic.

**matthew050204** · 10-13-2008, 08:41 AM

Especially now it is very lucrative to invest in Real Estate!
A rate of 12% is realistic.

**mspdev** · 10-14-2008, 08:24 PM

In todays market the only way to purchase a duplex in the Sacramento area and achieve a 12% cap rate requires the purchase of a bank owned property. In addition to the purchase price, the properties require 10-20k of improvements. Do you feel there are investors willing to accept a lower cap rate to eliminate cost/hassle of improving and leasing the units?