In today’s market, where interest rates are high, but sellers still think they can get premium prices, people are often more hesitant to invest. However, as legendary investor Warren Buffett once said, “be fearful when others are greedy, and greedy when others are fearful.” There are always great deals if you understand the fundamental mechanics of the business and have a margin of safety. As with any investment, the price you pay matters the most. Plus, Jorjio also pointed out so insightfully, why sometimes the higher interest rates may be an advantage for the investor. Tim asked about the potential risks and things you need to consider before investing in real estate.
