What the heck is going on with the 2023 real estate market? From high interest rates and high purchase prices to elusive cash flow, this market includes enough uncertainty to spook new and beginner investors into thinking the best course of action might be to sit this cycle out.
Pro tip: Don’t sit out.
You know the old adage:
When’s the best time to plant a tree?
“20 years ago.”
When’s the second-best time to plant a tree?
“Today.”
Many expert investors will call this truth in 2023 in regard to real estate. For sure, this year has forced us to be more conservative and strategic than we’ve been in the past, but most say you’re still better off “in” than “out”.
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BiggerPockets Daily