So where else are you putting your money besides real estate?

[John McKee]

A lot of us our sitting on the sidelines as the market has peaked and interest rates are driving us crazy.  Personally I'm still hunting for deals but realize this is going to be a difficult year to invest to make the numbers work.  I'm transferring capital into a 3 month CD for now as I continue to look at all asset types including non real estate assets.  

[Gary L Wallman]

Quote from @John McKee:

A lot of us our sitting on the sidelines as the market has peaked and interest rates are driving us crazy.  Personally I'm still hunting for deals but realize this is going to be a difficult year to invest to make the numbers work.  I'm transferring capital into a 3 month CD for now as I continue to look at all asset types including non real estate assets.  

I'm an investor with a 154 paid for doors, primarily SFH's, two of which I closed on this week.

At current market levels, even though I'm a cash buyer, deals are starting to not make sense. Even the 1 percent rule, which now is nearly impossible to find, doesn't replicate the net yield of many passive stock market investments. Financing your purchases with mortgage rates in the 7 percent range makes it even more difficult.

With BDC's and REIT's yielding 10 percent plus and Index funds that do covered calls yielding 12 percent it's hard to justify real estate purchases in this environment. Sure, some market risk but no hot water heaters and HVAC systems failing and definitely no new roofs required.

Gary