05-05-2021, 01:11 PM
(05-05-2021, 11:49 AM)ken-do-nim Wrote: Oh, excellent point! It took 15 years for the value of my current house to return to the level I bought it at.I don't know if this is a terrible time to buy rental property, but I suspect it isn't optimal. Seems like a sellers market with people paying well over the ask. I read about that ALOT. I have friends who bought houses in the Chicago area coming into the GFC and it cost some of them well over $50K out of pocket to move away after they made payments for five years. That would be a bad experience