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17
Posts
1
Votes
Dave Lin
  • Newton, MA
1
Votes |
17
Posts

Buy (rent out) and hold is dead....

Dave Lin
  • Newton, MA
Posted
Buy (rent out) and hold is dead... at least for now With markets so richly priced in almost all metropolitan US, we are lucky to even get a 5-6 cap. And after factoring in op expenses, allowances and debt reserve, a 5 cap investment will most likely turn into a money losing proposition. I think this is a common sight .... so what is an eager REI investor to do?!

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User Stats

202
Posts
305
Votes
Dean H.
  • Rental Property Investor
  • Salem, OR
305
Votes |
202
Posts
Dean H.
  • Rental Property Investor
  • Salem, OR
Replied

@Dave Lin

Well too bad you feel that way but I guess I don't have to worry about you out bidding me on my next buy & hold

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