You are viewing a single comment's thread from:RE: I Just Bought a $2.1 Million Dollar Commercial PropertyView the full contextenolderman (49)in #realestate • 7 years ago Hopefully the housing bubble doesn't crash cause property values will drop tremendously!
I think his main risk is if an Aldi's moves in next door and the economy crashes. His cap rate helps support his property value.
What is an Aldi's?
I think it is the cheapest grocery store in the USA. I think it does have one new competitor though. Their prices are very cheap. It looks like they are in Kansas and not Colorado. I imagine they will be in Colorado though in the next few years.
It depends on where you live, the local economy, what type of property, etc. There are many factors to consider. https://investfourmore.com/2017/06/05/will-another-housing-market-crash/