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New Rental Property Investors

September 21, 2013

Does it seems like more and more people are getting into the rental game? I quit looking on the open market as everything is selling for far more than we were paying a couple of years ago. Inventory is down dramatically and I see new investors really paying up for properties.

There has been lots of media hype on rental property investments. Between all the media, the Warren Buffett interview on CNBC, the hedge funds and investment outfits that are buying up rentals – It appears rental properties are the new “hot investment”.

Hard to say what impact this will have at this point, but I have a feeling it may create some buying opportunities down the road for the “marathon” landlords. After these new investors realize it’s not just mailbox money – they may throw in the towel. Some will quickly determine they have bitten off more than they can chew, others will realize they are not cut out to be a landlord, or just tire of it after a year or so.

We are fortunate that we started when we did. It is great to see the values starting to come up. We don’t see any new deals near what we paid a couple of years ago so the current strategy is to just cherry pick the really good deals if one comes along.

I assume everyone has seen the video below. It is certainly in my favorites – I watch it a few times each month.  

FYI – this clip is from Feb 12, 2012.

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From → General

3 Comments
  1. That’s a great video. Thanks for sharing it.

  2. Dan permalink

    Hi Chuck and Val,

    Just found your blog, really enjoy it! Thanks for sharing the details of the purchase, rehab, rent, etc.

    I’ve looked for a ‘contact us’ link on your site but couldn’t find one. I’m reserching the Dallas market (I’m out of state) and had a couple questions for you… any assistance would be greatly appreciated!

    Thanks!

  3. Dan,

    Thanks for stopping by. I need to add this ‘contact me’ link, but I am not that good at blogging so not sure how to do that. The best way is through e-mail. You can reach me at: landlordinvestor@gmail.com

    Thanks and take care,
    Chuck

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