Obviously lake properties are more expensive however based on the current delinquencies in student loans and sub prime auto loans we see a recession coming.

Obviously lake properties are more expensive however based on the current delinquencies in student loans and sub prime auto loans we see a recession coming.

After the great recession, there were topics here on BP about people who bought property where the liens and encumbrances were greater than the property value.

Throw a recession in the mix in the next 3-4 years (or sooner) and operational challenges will intensify.

It was designed to help educate investors through the recession that you might not have any equity left in the property (i.e. 100% financed), but you might have a taxable gain to worry about.

My understanding is that I will end up receiving some kind of rent, but what makes this really attractive is that, barring some kind of recession, rents go up every year and the building will appreciate over time.

I am a little more pessimistic then that and while I still invest I am looking for solid cash flowing, recession resistant companies.

During the recession and down cycle many mid to higher end restaurants went out.

These are strong words and I think the recession will take a little longer than usual to play out.

DEEP recession and a DEPPRESSION very likely up and coming.