Anyone out there starting to shop, or thinking about shopping, or actively shopping for some real estate bargains (for rental income)?
I realize each market of the nation is different, some have been in deflating for a while, others are just starting to deflate. Some markets probably will deflate 5% and others maybe 40+%. But it strikes me that for those with cash on hand it might be a good time to start buying up some rental properties at bargain prices.
Thoughts?
I've been a commercial landlord for quite a while on multiple properties but I'm seriously looking at the residential market now.
I realize each market of the nation is different, some have been in deflating for a while, others are just starting to deflate. Some markets probably will deflate 5% and others maybe 40+%. But it strikes me that for those with cash on hand it might be a good time to start buying up some rental properties at bargain prices.
Thoughts?
I've been a commercial landlord for quite a while on multiple properties but I'm seriously looking at the residential market now.