Why you need at least 3% rental appreciation annually-buy&holders
This investment fundamental 101 seems to be overlooked by some on BP. Inflation can cut your rental income in half every 15 years historically.
Your rental income today will not have the same buying power if it is not appreciating by at least 3%. Some say appreciation is just the icing on the cake. That whole cake will be cut in half in 15 years if there is no icing:). Hopefully it is more than 3% as this does not cover cap ex and the rest either. Some might overlook and some RE investment promoters tend to ignore this fact. Chasing short term cash flow numbers where it never appreciates can be very costly in the long run. Professional financial planners and advisors will cover this fundamental in the first five minutes.
Good luck!