713: Great Deals In Smaller, Growing Markets

Finding great deals in this market can require investigating different geographies and possibly different asset classes. Although most Real Estate has encountered major challenges and headwinds, prices are still too high and generate insufficient cash flow. Robert Nelson, Managing Member of Permian Flex Capital, 1031 exchanged one of successful Self-Storage facilities in Northeast Pennsylvania into a small industrial building in Midland, Texas at over a 9 cap entry point, thereby generating strong in-place cash flow. Midland-Odessa, Texas is a rapidly growing market with very limited new construction to compete with.