What is time horizons in real estate?

Time horizons in real estate refer to the duration over which an investment is expected to be held before generating returns. They can range from short-term (typically 1-3 years), where investors may focus on quick flips or developments, to long-term (5 years or more), where the emphasis is on rental income and property appreciation. Understanding the time horizon is crucial for aligning investment strategies with financial goals and risk tolerance. It influences decisions on financing, property management, and exit strategies.