If Everyone Owns a Rental Property, Who are the Renters?

So many people want to own real estate that they are willing to pay any price it seems, even for rental properties. If your cash flows are not going to be positive relatively soon, then there is no point in making the investment.

"After watching prices on the houses he was selling jump by an average of $3,000 a month most of last year, Mike Larson, president of the oldest real-estate agency in Tacoma, Wash., decided to try for some of the easy money himself. In October, he and his wife bought a duplex, which they planned to rent out while the value kept growing."