- The real estate market is facing challenges like higher costs, difficulty obtaining financing, and uncertainty about the future. However, this also creates opportunities for investors who can find good deals.
- Local politics and policies have a major impact on real estate markets, more so than who is in the White House. Investors need to pay attention to their local areas.
- Expectations for investment returns will likely need to be adjusted downward, with a focus on cash flow over high IRRs.
- Rising costs like insurance are major issues in addition to interest rates, making deals harder to make work financially.
- 2024 may see opportunities emerge as developments from the past few years deliver properties into a difficult market environment. Having cash available will be important.
https://www.tylercauble.com/podcast/episode179
The Commercial Real Estate Investor Podcast