Risks and Opportunities Coexist

[Lilia Matlov]

In the current market environment, is real estate investment still a prudent choice?

[Dale K Poyser]

Depends on your goals and the current market. There are opportunities out there but some strategies are risky. 

1 - Airbnb (STR) comes to mind - very competitive, very saturated and becoming highly regulated.

2 - Most STRs are transitioning to MTR so that market will be saturated soon if it isn't already.

3 - Insurance crisis in florida is getting bad so those costs will eat up cashflow and short term appreciation. Also Condos are dealing with high special assessments. I would say the real estate market in Florida is Risky.

4 - If you follow the navigation and growth trends you might be able to get ahead of the next opportunity wave. I have heard good things about Ohio, Indiana, etc.

5 - Due to high interest rates flipping has become highly risky and most businesses have dried up.

6 - Co-living and Assisted living seems to be popular right now.

So - really depends on your market, your strategy, and your timeline. But, opportunities are out there. It's always good to invest when there is worry and uncertainty.