With the Right Formula for Finding Off-Market Deals, You Can Still Get Double Digit Cap Rates

In every market, there’s always a deal. Somewhere, there’s an older landlord that’s self-managed his own property and just wants to get out. These are often buildings with under market rents and unnecessarily, high expenses. Today’s guest Robert Rixer, co-founder of EJ Investment Group and CitiPoint, has found incredible off-market deals in Chicago with cap rates in excess of 8%- 10%.