[quote=Nor-LA-SD-guy]
We have been on the hunt for a rental property, I can tell you the realtors who deal with foreclosures in the T.V. are swamped, whenever we are on the road looking (on the weekend anyway) the agent hardly ever needs to unlock the lockbox, we just follow the agent and group ahead of us then hand the keys to the next agent coming in.
In the realtors office there is constant traffic in and out and we usually need to wait for a free conference room to write offers etc…
[/quote]
We are doing the same, and despite the seemingly great positive cash flow deals out there now, we’re being extremely careful and may hold off until next fall/winter. Craigslist is flooded with rentals and rates are dropping. It wouldn’t surprise me to see them drop 10-20%, so I’m figuring that into my calculations.
