Interest rates can be a factor that investors consider when making investment decisions, as higher interest rates can make borrowing more expensive and reduce the return on investment. However, there are many other factors that investors should also consider when deciding whether to invest in real estate, such as the state of the local real estate market, the potential rental income and the overall economic outlook.

Some investors may choose to wait to invest in real estate until interest rates decrease, while others may be comfortable with investing at current rates as long as the rental income covers the costs of borrowing and the property has good potential for appreciation. Ultimately, the decision to invest in real estate should be based on a thorough analysis of the potential risks and rewards, as well as the investor's financial goals and risk tolerance.

It is always a good idea for investors to seek professional advice before making any investment decisions, as a financial advisor or real estate professional can help to assess the potential risks and rewards of different investment options and help to develop a strategy that is tailored to the investor's specific needs and goals.