E332 - Rising Opportunities in Today's Market - Steven Pesavento

The federal funds rate (the rate at which commercial banks borrow and lend reserves) has been raised recently by 75 basis points.  How does that actually influence and impact the decisions of what type of real estate or what type of investments you should be placing your capital into?  Today, Steven discusses the impact this has had on the Real Estate Market along with the opportunities that are rising because of it.  

Key Takeaways

1. We're seeing sellers starting to change their prices to meet buyers where they need to be in order to create the type of return that equity is looking for.
2. From a value add standpoint, if you're looking to find an opportunity that is underpriced or an opportunity that you can force appreciation, then you want to find problems because there's profit in those problems.
3. In order to overcome the possibility that better opportunities could come in the future, it's extremely important to make sure the deals that you're investing in are truly conservatively underwritten and have the ability to refinance it to get advantage of both short and long term opportunity.
4. The best investment opportunity with limited funds is to invest in yourself first, in opportunities that are going to create you more earned income so that you can start investing that in passive income.

Resources Mentioned

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