This is not my forever home.Do you have have renovation ideas/items I should I implement to save $ or headaches in the long run with tenants.For example- a recessed dryer vent so the dryer can flush to the wall,- drain pan- a hybrid heat pump water heater to save $ in the long run.- smurf tubing- sound proofing between the roomsWhat items do you wish you install that is causing headaches?

Our appreciation rates are truly phenomenal, ever since coming out of the recession in 2010.

We in the industry saw this after the Great Recession.

I think this, combined with a healthy positive cash flow would protect me if vacancies go up during a recession (which is usually the opposite, I heard anyway) or rents stagnate.I'll let somebody who lived through 08-09 without getting "burned" chime in here and hopefully provide some wisdom!

I have been in cash since the Great Recession where my lender on a commercial property completely and unexpectedly called my loan in 2009.

We typicall upgade lighting by popping in recessed LEDs on dimmers where previously lamps on switched outlets were used, maybe some paint or LVP, but usually not much. 

The best time to buy is during a recession and the best time to sell is when car sales are reaching new peaks.

I just bought my first rental property in Phoenix, AZ in May 2022 and currently improving and renovating the property; bathrooms, flooring from tile to LVPs, recessed lighting, paint, and new kitchen cabinets and countertops.

Colorado is a solidly blue state now, used to be purplish, but we're still better than every other state in every way (most consistent appreciation, increasing rents, population growth, recreation opportunities, moderate climate, recession-proof jobs in diverse industries, desirability, affordability, landlord friendly laws, the list goes on...).

As commercial lending continues to wave the white flag, the DSCR loan has become the new darling of lending for real estate investors.As an investor who was able to maintain a portfolio through the Great Recession of 2006-2008, I can tell you with experience that the adjustable-rate mortgage was a giant contributor to the issues that followed.