Is it a good time to buy rentals in Long Beach?
We have been looking to buy a rental property in Long Beach despite the negative cash flow and high prices. (I know, we kinda have to) and our budget is around 280k-330k. What I have noticed is that the inventory is extremely low, all the condos for sale are rehabbed and the sellers are mostly investors and the properties won't stay on the market more than a week! I would like to get advice from the experts that what is really going on?! Who is selling, who is buying these days and is it really a good time to buy investment properties in Long Beach? Thank you!