It’s not all doom and gloom…
With interest rates rising, gilt yields blowing out and markets reeling whilst the Government seemingly fails to gain control of their own house nevermind the economy, it is easy to become despondent as a property investor.
However, let’s not lose sight of the upcoming opportunities. Ignoring for a minute legacy portfolios and upcoming refi’s, we are already seeing distress in the market and heavy discounts on pricing. There will be more to come!
Underlying build cost and certainty of income are key and it is a good time to remember the fundamentals rather than relying on cheaper debt and over optimistic ERV’s.
As value add investors we are looking forward to finally seeing some value opportunities.