Rental Income during market decline

[Wade Stahle]

Hello BP,

I have a question for everyone who has experienced a market decline in their local area. Say I am investor with 20 units and those buildings decline in value by 50% over a short period of time. What happens to rents? Do they go down? Do number of tenants go up? How hard is it to keep tenants? It would be very helpful to have insight from someone has experienced this and tips on how to weather the storm during a market downturn.