Should I wait for Inflation to end before purchasing properties?

[Cheza M.]

Hey BP Community,

I'm a new investor and currently have one property out of state that I bought last year. I was thinking of buying 1-2 more properties this year, but because of inflation the interest rates and cost of rehab supplies are currently so high. So I was wondering if I should just wait until inflation ends and just save up my money until then? Is inflation bad for real estate investors who plan to acquire more properties? 

I wonder what are the other investors doing right now during inflation?

[Joe Villeneuve]

Yes...by all means you should wait.  If I had to do it all over again I would time the market so I would only buy low and sell high.  The problem is, I don't have anyone on my team that knows how to operate this crystal ball I got on eBay.  It think it's last years model, and it didn't come with an instruction manual.  That's probably why I got it so cheap.