It's shocking how even experienced multifamily investors refer to the cap rate as the end-all, be-all end-all metric. But in all actuality, it is nothing more than a measure of value at a moment in time. Taken in isolation, it can range from deceitful to unhelpful.
View the full article: Warning: Cap Rates Range From Unhelpful to Downright Deceitful. Use These Metrics Instead. on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.
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