Rents are going to go higher for class B for any other types of apartments.There are 4 main types of properties:
Class A: $1,500 to $3,000 rents . (newer)
Class B: $1,100 to $1,500 rents
Class C: $800 to $1,100 rents
Class D: $500 to $800 rents . (older, section 8 ghetto stuff)
You need to be in A or B in select markets. Don’t get started in C and D, that’s a management nightmare. Detroit will never be an A market.
California will be C and D markets in future. You can buy junk—or you can buy great property. At Cardone Capital, we don’t do junk.
We invest in quality properties that cash flow and wait for appreciation—and this is the compounder of the 21st century.
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Our offerings under Rule 506(c) are for accredited investors only.
FOR OUR CURRENT REGULATION A OFFERING, NO SALE MAY BE MADE TO YOU IN THIS OFFERING IF THE AGGREGATE PURCHASE PRICE YOU PAY IS MORE THAN 10% OF THE GREATER OF YOUR ANNUAL INCOME OR NET WORTH. DIFFERENT RULES APPLY TO ACCREDITED INVESTORS AND NON-NATURAL PERSONS. BEFORE MAKING ANY REPRESENTATION THAT YOUR INVESTMENT DOES NOT EXCEED APPLICABLE THRESHOLDS, WE ENCOURAGE YOU TO REVIEW RULE 251(D)(2)(I)(C) OF REGULATION A. FOR GENERAL INFORMATION ON INVESTING, WE ENCOURAGE YOU TO REFER TO WWW.INVESTOR.GOV. Our Offering Circular, which is part of the Offering Statement, may be found at sec.gov or on our website. www.cardonecapital.com/offering-1