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Updated almost 5 years ago, 02/22/2020

User Stats

31
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0
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Andrew Yip
  • Investor
  • Los Angeles, CA
0
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31
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Palmdale/lancaster CA during downturn

Andrew Yip
  • Investor
  • Los Angeles, CA
Posted

Hi there,

Just wondering if anyone has had any experience with rental properties in Palmdale or lancaster area during downturn /recession.

What happened to your current tenants?  how's the rental situation during that time?  and how hard was it hit during the downturn?

I heard that properties went down to even below 100k.

Sorry to ask these questions, but I invested quite heavily in the area and I need to prepare for the worst. Thank you

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