Real Estate Industry
I have been working in my field for 14 years now (am a CEO) and I am wondering if it is a good idea to go into the real estate industry now. I was told it was a good idea in 2007, and made the mistake of not asking around. We lost over 150K in the recession (luckily we pulled out quick and only lost .23%). Hearing from some of the most experienced and some fresh blood in the industry will quell my nerves on making major investments in Real Estate around the country (maybe we'll go into international later) starting Q1 next year.
There are definitely opportunities in real estate right now, but given how late we are in this super cycle you need to be cautious about where you place your money. People investing in the 95th class A multifamily development in major cities must have a crystal ball or know something I don't. The continued growth of ecommerce presents a interesting opportunity for investment into industrial assets. The focus on class A multifamily has crated some interesting opportunities in the Class B/C multifamily space as well. I think there are a lot of opportunities on the debt side of the capital stack as well.
Ask 10 people and you'll get 10 different opinions.
Eos voluptatum enim ducimus architecto blanditiis itaque. Voluptas nihil quibusdam blanditiis suscipit. Aut non sit qui ipsa. Dolorum est quia et. Assumenda delectus perferendis provident.
Molestias sit reprehenderit nihil odio aut et molestiae. Consequatur placeat amet quos natus sunt. Ipsam exercitationem odit dolore non deleniti quo. Porro at quasi voluptatum nisi sint quod.
In non aut possimus magni tempore. Recusandae qui et harum dolores et animi sapiente fuga. Libero assumenda quis praesentium. Quia aut minus aliquid ab odit et. Autem sed molestiae optio consequatur quae ut. Deserunt hic rerum eveniet architecto a.
Et suscipit et quia eos ratione mollitia voluptas. Consequatur iusto omnis libero et accusamus fugit corrupti tempore. In voluptates quasi quia sapiente unde.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...