SECUR  self storage was founded around 2007 was one of the early entrants intothe self storage business in Germany and they built and converted buildings into self storage  to the best of my research they paid around 11 to 12 hundred eurosper Sq. meter to enter the business and last year sold to public storage for about 2500 euros per Sq. meter or a total of 66 million Euros Not bad especiallywhen you take into consideration that they entered during the worst recession in recent history

It all about jobs you don't have to look to far .Ohio,Detroit from last crisis, to ca,nevada,fl, for rampant market bubbles This only happened  7 years agohttp://www.huffingtonpost.com/2011/06/27/cities-hardest-hit-recession-great_n_885078.html

I read an article on speculation of a global recession soon - I know there is always speculation, but hey it could happen!

Just to clarify, transactional funding is funding only one transaction to allow another buyer to immediately or within any recession period, like three days to purchase.

t rent it.I ended up getting a skilled tradesman in each house.one guy is an actual house builder that hit bad times during the recession the other guy works with his father installing and remodeling bathrooms and kitchens.both these guys came signed the lease on the first tenant I allowed him to move in with security plus 200.00the difference was the paint and drywall repair and cabinets stained and house cleaned. that I would have paid someone else to do out of pocket which I didnt have.gettting that money allowed me to take care of a 350 plumbing problem and a furnace issue that came upthe other house the guy moved in for security plus 300 for the first two months less than half the actual rent because he is going to do all the painting and the bathroom remodelsome drywall repair and hang ceiling fans.he is working alongside my contractor and my contractor has now gotten a new partner and he has okayed this guy to do the workall things worked out.and now my two houses have some capable people in them who wont come crying everytime there is a minor problemI know this isnt the ideal way to do business but I sort of started out over extended.

Just before the recession I invested a few dollars in Prosper as a test in order to see how well it worked.

Real estate levels have exceeded pre-recession highs in Miami so I'm less inclined to make any immediate moves.

For some reason, after all these years of not knowing what I wanted to do, it never occurred to me that I should pursue REI.My retirement acct took a significant hit during the Recession but it eventually returned to it's original balance but experiencing the loss got me thinking...

I don't know that it was quite that simple, but in essence it's true.I had no budget apart from what was in my bank account, no experience either as a trainer or business owner, getting started in luxury industry (a relatively obscure one at the time) at the cusp of the Great Recession.

With the housing recession it was easier to pick up quality cash flowing properties.