We purchased a a mid-sized apartment complex in 2014 and were severely hurt by the 2008 great recession.

But the economic drivers around this property will most likely not be affected much by the recession.

It was impossible to sell during the recession.

I had a realtor help me negotiate buying it during the Great Recession How did you finance this deal?

With the country going into lockdown for weeks or months I think we can all but guarantee a recession.

Here's why:Over the last three recessions (2008, 2001, 1990-1991), multifamily has performed well compared to other asset classes and single-family housing.

I bought in the recession, have very little debt and still things are reasonably tight when taking into account mgmt fees (I self manage) and reserves for vacancy, repairs, and capex.In general I see two camps. 

The Coronavirus has caused the economy to enter a bear market and have many investors predicting a recession this summer or fall.

The Coronavirus has caused the economy to enter a bear market and have many investors predicting a recession this summer or fall.

I've been in the biz since 2005 and weathered the Great Recession.