After adjust the inflation, the price is cheaper. 

One of my biggest bones that I have to pick with them is this fascination with “2% inflation”.

Inflation is already back down around 3% while the majority of the rest of the western world is still struggling in the 6-8% range. 

.- Bad Government Fiscal Policy is Driving Inflation- Nashville is Just Getting Started.

About inflated prices and high interest rates...I've bought my best performing properties during the worst economic cycles. 

The average consumer is some what aware of these layoff trends, inflation, higher interest rates, and higher home prices.

Within the Inflation Reduction Act that was just passed a couple weeks ago, the IRS just allocated $78 billion to hire 87,000 new IRS employees.

In my opinion, given the uncertainty of our government and stubbornness of inflation waiting around is not your best course of action.I'd cash-out asap and get that money into a CD generating a boring 5.5%.

• Purchased directly from a mom-and-pop operator off-market• Secured $1M credit union loan and raised $500K equity to close• Existing owner had inflated expenses and below market rents• In-place rents approximately 30% under market at purchase• Expense ratio at least 10% above the norm How did you find this deal and how did you negotiate it?

What that looks like is different for everyone.Once you have enough you want to outpace inflation safely.