365: Markets Can Make You, But They Can Also Kill You

To be successful in the long-term in Real estate, you need to buy things right at today’s value versus hoping the market will carry you, because the market is undependable. The market has carried a lot of investors over the past few years, even when they overpaid for properties, but these days are temporarily over. We’re currently in a Real Estate recession as lending has all but shut down, but great deals are starting to present themselves because of skyrocketing borrowing costs for borrowers with floating rates.  AJ Osborne, CEO of Cedar Creek Capital, has built a $300 million-dollar Self Storage portfolio by turning around underperforming assets in high-demand markets with long-term fixed debt. Cedar Creek Capital is completely vertically integrated, buys and holds, and has returns that far exceed 20%.