Future Rental prices
I just closed on my first cash flow property a few weeks back and I am very excited. My question is in regards to the future of rental prices. As a cash flow investor, current rental rates are very appealing. However, what is the expected future of rent? It almost seems eventually these rent prices have to go down since they are so high historically. I am worried I invest in 6-7 properties only for my monthly cash flow to be cut due to a dramatic drop in rent prices.