Do you find investing in real estate boring? If so, you’re on the right track. As a society, we’ve largely come to think of boredom as bad where busyness is lauded. Make no mistake – we’re not talking about the boredom that comes from laziness. It instead comes from avoiding impulsive decision-making based on hype, flash-in-the-pan opportunities that don’t provide financial stability.

The real estate market is tough to predict in the best of times, and reports show it’s harder now than ever. The market isn’t behaving as we’d expect –throwing a wrench in our ability to make accurate predictions. But don’t worry! Just because we won’t be looking at 2025 predictions doesn’t mean investors are left flying blind.

A recent report from the National Association of Realtors demonstrates some interesting statistics:

By the time you read this, we’ll likely have the election results in hand. But right now, as these words form, we’re still on the eve of Election Day. No matter where you fall on the political spectrum, the election season has caused its fair share of stress and uncertainties. We’re not here to discuss individual candidates, make predictions, or make a political statement.

Inexperienced investors are more likely to rely on their own sense of logic and reason instead of following tried-and-true financial advice. After all, certain investment strategies seem strange and counterintuitive to the uninitiated. But make no mistake – our instincts are prone to lead us astray regarding financial wisdom.

With the 2024 Paris Olympic Games underway, we’re enamored with the Olympian spirit. Truly, fewer people are more resilient and dedicated on the planet! But as hard as these athletes train with blood, sweat, and tears, not everyone will win the gold. There will be failure and heartbreak.

Morgan Stanley recently called homeowners “strong hands” in the real estate market. Strong hands refer to those with the financial means and capacity to hold onto their assets long-term. They withstand market volatility and downturns.

This year, you might have heard some discouraging things about the real estate market. Naysayers have debated the feasibility of SFR investing when real estate prices are at an all-time high. Various legislative efforts might change the real estate landscape. Here’s the thing – it’s not that real estate investing is a bad idea. It’s more about perspective.

Insurance is one of society’s necessary evils. So many times, paying our premiums seems like a waste…until we have to make a claim, that is! Whether we like it or not, property insurance is an unavoidable expense in real estate investing. And with insurance premiums set to hit a record high in 2024, investors are feeling the cash flow squeeze.

If you search the Internet for “worst renter stories” or terms like it, you’re bound for hours of jaw-dropping, stomach-churning entertainment. It’s like watching a train wreck. And while as fun as a bit of schadenfreude can be, no real estate investor goes into this business wanting their own horror story.