Danielle Robison warns against waiting for interest rates to drop before investing in real estate. The real cost isn't the rate itself but the two years of lost capital-building, cash flow, and the chance to buy at today's prices instead of higher ones later.
Yeah. I think the biggest risk that people are running into right now is hesitating to continue to execute the plan for building their real estate portfolio over a long period of time because they think they're forecasting a better future in which interest rates are lower and the recession's past us and the risk is giving up. Let's say it's two years giving up. Two years of building capital, realizing cash flow, and having bought at a time when prices are lower than they will be two years from now.
Physicians and High Earners — What Real Estate Can and Can't Do for Your Taxes
