What a time to be a real estate investor, eh?

[C Hark]

Hi everyone,

This is my first post here, but I have enjoyed and learned from others' posts and appreciate your information and insights. I am posting with a question: in your opinion, is this a good or a bad time to purchase a rental property?

I ask because I am under contract on a house I plan to rehab and rent out, BUT then I came in and read the news and thought... am I nuts? What are your thoughts on purchasing a rental property right now? 

[Elizabeth Chiang]

I'm actively looking to buy some rental properties. People still need a place to live. I'm looking at B and C type properties, the people in A properties may not be able to afford premium rent and move down to B properties.