Some people really believe that.
I have been buying real estate for 25 years and I have heard it all. Rates are too high. Prices are inflated. The market is unpredictable.
I get it. But I completely disagree.
Here is how I am thinking about the next 12 months.
I am very optimistic about where things are heading. Rates are likely to come down. The economy feels stable. And real estate, when bought right, still delivers.
If a deal pencils in now, with today's capital costs, it has the potential to look even better as conditions improve.
What I am actively focused on
Apartments and Single Family Rentals. One to four unit properties remain my go to. There is consistent demand, strong fundamentals, and opportunity if you know how to find distressed or underperforming assets.
Self Storage. I am actively underwriting self storage properties. I think the long term shift in how people live, work, and store their things makes this one of the most attractive asset classes right now. Simple operations, low maintenance, and scalable.
What I am not chasing right now
Retail and Shopping Malls. Consumer behavior is evolving too quickly. I prefer not to guess where foot traffic is heading. This space feels like a wait and see.
Warehouses. The surge already happened. Pricing got frothy. While still a solid asset type, it is not where I am seeing the best risk adjusted returns today.
Bottom line
If a deal works in today's environment, it is probably a great deal. You do not need to wait for perfect timing. You just need to buy smart and structure wisely.
That is my strategy. Buy right now. Refinance later. No overthinking. Just execution.
What do you think? Are you buying in this market or sitting tight? Would love to hear your take in the comments.