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Updated almost 6 years ago on . Most recent reply
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Real estate downturn
During an economic downturn, especially relating to rental properties and the BRRRR method, how does that effect cash-flow? Vacancies become abundant, refinancing is not longer an option as properties are worth less, banks may not be able to provide loans as they get squeezed. I am curious what occurred to anyone who owned rental properties or that has practiced the BRRRR method during the 2008 downturn. Please share.
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First, rental properties don't have to be BRRRR'd.
Second, why do you say Vacancies become abundant"? My experience, was the exact opposite.
Third, as far as rentals are concerned, "did something happen in 2008".