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Reply to "Is owning a rental property a good investment?"
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[quote=Anonymous]Why buy now? Even though wherever you are in New England may be cheaper, hasn't real estate been riding high everywhere for the last 7-10 years? Real estate cycles are historically about 10 years and we are likely not too far from a downturn -- why not wait? I find myself researching markets etc. (bc I'm looking to buy in a secondary market and outsource the whole thing with property management etc.) and I KNOW there will be better deals whether it's 6 months or 18 mos from now.[/quote]
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