Buying Old or New property?

[RE123RE]

Noted.

My trademark uses a foot. You get the point. Details matter. Averages are somewhat meaningless.

Hi,
Yes, while the average is important it only provides part of the picture.
Thanks

 

[Thomas Beyer]

Hi,
Yes, while the average is important it only provides part of the picture.
Thanks

Or the wrong picture. What does it mean that the average Winnipeg temperature is 5 degrees or the average Canadian makes $18/h ?

 

[RE123RE]

Hi,
CAP Rate is just an average too. and you still always want to estimate/know what it is right.
Yes, you can lose money even with high expected CAP.. but you still want to know the CAP.
Therefore, it is important, not wrong.. but is still just part of the pic.
The other part to complete the picture is of course the risk (=variation from the average)
Thanks