313. Is Commercial Real Estate A Sensible Investment Today? | Office Hours

Key Takeaways:

Commercial Real Estate Investment Insights:

Returns vary based on risk and market conditions

Long-term real estate investing is more stable than short-term speculation

Look for risk-adjusted returns, not just raw percentage numbers

Current Projects:

Salt Ranch boutique hotel is near completion

Started construction on a 350-unit self-storage facility in Chattanooga

Restructuring his company with more back-office support

Investment Advice:

Real estate has historically appreciated 3-5% annually

Hard assets like real estate can hedge against inflation

Buy when others are afraid, as properties might be "on sale"

Market Challenges:

Key external variables to watch: tariffs on construction materials and interest rates

Local market fundamentals are more important than global trends

Investment Strategies:

Diversify across different property types

Conduct thorough due diligence

Consider long-term potential of markets and specific properties

Professional Development:

Learn from experienced developers

Network and attend industry events

Consider becoming a broker or property manager for short-term income

Consider additional costs like health insurance when transitioning