Hey BiggerPockets Community!
I wanted to share some insights on the Memphis real estate market for July 2024. Home prices are rising steadily, with a 7% increase from last year. The rental market is strong too, espec...

In recent years, we've often heard predictions about a housing market crash.

Neither of us can predict the future price (nobody can).

But, in 20 years, if they keep it up, I predict that the same patterns will repeat, and prices and rents will soar. 

Here are some pros and cons for triple net leases:Pros of NNN LeasesStable and Predictable IncomeLong-Term Leases: NNN leases often come with long-term lease agreements (10-25 years), providing a stable and predictable income stream.Creditworthy Tenants: These leases are typically with established and creditworthy tenants, reducing the risk of default.Minimal Landlord ResponsibilitiesTenant Responsibilities: Since the tenant covers property taxes, insurance, and maintenance, the landlord's responsibilities are minimal.

A year later the property sold and was gutted to studs as I predicted. 

Personally, I have predicted too many crashes, and hence missed out on the booms when I was wrong.  

Im always surprised at the negative comments when someone talks about the real estate cycle, especially when history tells us it is somewhat predictable.Can someone predict the exact inflection point?

They're just not there yet but I predict in the next 2 years we'll start to see better tools.

Short Term RentalLong Term Rentals: They offer stable and predictable income once a tenant is in place and generally appreciate over time, adding to your equity.