Comfort with the Herd?

If the investment is ‘easy’ or a ‘no-brainer’… run!

I have witnessed and listened to a myriad investors explain the virtues of buying the townhome (or whatever they found) for income and/or appreciation.  They continued rates are low, renters abundant, and their net after expenses (with the certainty of fortune tellers) were high.

Buffett (Warren) isn’t my favorite during politic season but I do respect his investment view; buy when others are fearful and sell when others are greedy.  Importantly you need NOT feel greedy to buy that rental property, rather recognize when the market is and allocate your investments accordingly.  The market is telling us real estate has called the herd for all of the reasons above.  And these are the reasons to run!

Peak Rental Real Estate:

http://www.zerohedge.com/news/2016-10-09/its-about-time-recession-property-manager-warns-rents-drop-first-time-career