Not so long ago (2006 to be specific), real estate investors rushed to Boise, Vegas, Phoenix, etc to buy up property. Budget friendly places? Yes. After looking into it, I discovered the goal was to buy and then sell in a year or two and harvest huge gains. Free money! These “investors” planned to rent […]
For perhaps 6 months or more many agents have been describing (and lamenting) the investment-buyer challenges in the current market. Not much has changed since then, but we are seeing a bit more inventory in the residential income space. Yes, margins and cap rates continue to decline, and we’ve seen some rising interest rates too, […]
