While more development did happen over the last few years from development projects started in 2021 and 2022 when rates were lower and developers could outlast supply chain issues, the upcoming supply is expected to drop again, as we will discuss later on, with the relatively sharp rise in interest rates that has dried up investment capital due to the fear in the market, sellers opting to hold out on their land and or properties until cap rates and interest rates subside again as is expected in the coming years, as well as banks being cautious to lend on real estate due to this sharp rise putting many projects that were started in 2021 suffer greatly from a 7x increase in rates over the following 40 months that had adjustable rates or 5-year terms which is very common in larger multifamily investing.

The information contained in this post is not to be relied upon.

Any advice or recommendations of where to locate groups seeking similar goals would be greatly appreciated!

That's great to see how well you've done.

Hi Brian,It sounds like you’re weighing some great options!

We love investing into properties that we can hold long term and we have been fortunate enough to have great tenants through our intense vetting process that stay with us for long periods of time.

@Zachary Harrison you have some great suggestions here from others.

If the home has single pane windows, it would be great opportunity to upgrade to double or triple paned windows. 

If you find a property where the seller doesn't carry a mortgage, it is a great way for the seller to continue to settle the closing costs with a (sizable down payment) while still obtain income for 6 months to a year by holding the note for the borrow. 

Hi Mikey, investing in the US is a great idea, but it's really important to work with a great team.