Of the last 5 recessions we have had since 1979 real estate values have appreciated 3 out of 5 of those times.  2008 being the biggest drop for obvious reasons.  

We plan to share what we learn in the weeks and months ahead as a resource to fellow investors.Here's a link to our first article, A Perspective on What's Next for Real Estate Investors, which provides a broad overview of how the COVID-19 pandemic and likely recession will impact real estate and what investors should do.Stay well,Tom

If last recession is any indication, we have 2-3 years before the real estate market bottoms out. 

This is going to be a trying time for past BRRR Investors, especially for those who have the last R-Refinance to pull equity out for either purchasing properties or for living expenses.I've never been much of fan of BRRR investing due to the high risk during recessions.

We don't know where we are in the cycle and if Covid-19 causes a long recessions rents in 22 or 23 could be flat or lower than they are now. 

These deals will be the first to go belly up as the recession sinks in.

I'm sorry to be so rude, but I want to make sure this message gets through to you -- unless you are investing for long term appreciation (a stupid idea, because you're buying at a peak market heading into a very likely recession) this will cost you money.TL;dr version:You make money when you buy in real estate.

In a recession, cash flow is far more secure than betting on appreciation.

With this recession, nurses don't seem like they'd need to worry about getting laid off.And, I know a lot of landlords have found success with this niche of renting to travel nurses, but my place is unfurnished and a 2 bedroom so I don't think it will work for the travel nurses.

I think it will take years to sort out, and at a minimum:1- getting out of this recession and 2- a lot more SFH+ADU resales to establish a clear track record.