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15 February 2024 | 2 replies
From 2022 to 2023 the message was fear of recession, the housing market is crashing, interest rates are too high and buyers aren't buying...etc.
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15 February 2024 | 37 replies
It then started a comeback mid 2000s, slipped due to the Great Recession, and made a lot of progress again starting in 2012.How do you remember that area in the mid 1970s?
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19 February 2024 | 145 replies
-I’m starting to see that when the market gets hot then new investors start going to high crime areas and convincing themselves that the market is Appreciating by saying the next door house is selling for more, forgoing the fact that the buyer for that house is a newbie with more money and less knowledge, those are the guys that are stuck with properties that they don’t need at the next recession, (a good example might be Newark, Irvington, in Northern NJ.
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14 February 2024 | 7 replies
The reason why we have some skeptics and doomsday predictors is because they are correlating a possible recession (which is still valid) with the housing market.
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16 February 2024 | 34 replies
What you don't know can still become a headache.Link To Article(photo from the article) Registration requirements became popular during The Great Recession when thousands of foreclosed homes were left unmaintained by the foreclosing lender.
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14 February 2024 | 26 replies
Hi Bok,@jimmy klein said it right, an experienced and hands on operator can make buckets of money in the hotel business and a property manager would only be suitable if you have a property with scale.I owned a 87 key Best Western for over 10 years and managed it myself through the recession.
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14 February 2024 | 31 replies
You're reading the wrong stuff, you need to go in the trenches and talk to markets and get the scope.That reading material tells you STRs are recession proof.
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13 February 2024 | 8 replies
It also seems like it would be extremely stable and recession proof (just a guess).I also have not thought about time shares either, thanks for the insight!
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14 February 2024 | 35 replies
There can be times like the Great Recession that affected income in many markets or Covid that resulted in many tenants not making their rent payments.
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12 February 2024 | 5 replies
But out of their ashes, we've risen, possessing a diversified economy of a constellation of companies largely made up of recession resistant sectors like education and healthcare.Some key stats:Employment rate across all sectors is up 1.54% which is well above the 10 year average of just 0.15% according to Oxford Economics.Also median household income is up 3.3% over the last 12 months which will continue to undergird rent price stability.