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Real Estate Investing Question
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03-31-2024, 09:07 PM
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Drives: 9Y0 Cayenne S
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2020 Porsche Cayenne S
[7.69]
So 7% of gross rental is paid to a third party, which means significantly more than 7% of NOI.
The play as you stated is capital appreciation.
It means long term illiquidity in my view, with significant holding and transaction costs. Not attractive.
Appreciate
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