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