That is a good point I hadn't thought of. 1  paid off property has fewer costs of management, repairs, etc than several leveraged properties.YUP when you pay off your mortgage and your cash flow doubles its like you bought another one or two homes without having to.. same financial outcome only IMHO you will make more because your not maintaining 2 or 3 places just one.now on the flip side if you have a vacancy your don't have any cash flow.. but you have no debt either so being vacant a month or more is not a crisis like it is when you paying mortgage payments.. you go vacant 2 months on a 500 a month mortgage payment that's 1000 you need to make back of lost cash out of your pocket and unless you raise the rent you never make it back you lost it..  ??

I’m Canadian and dove into the Phoenix RE market in 2009 during the credit crisis and started buying short sales.

I don't think we'll ever see a subprime crisis again. 

There is basically an affordable (sub 600k) housing shortage crisis.

@Brian Garlington could not agree more with you given the crisis we are in now 🤞@Patti Robertson I wish i had a property in your area, Cincy really needs a lot of help with good motivated and S8 experienced property managers. 

Lenders coming off the 2008-2009 financial crisis were still skittish about lending and were much more strict with their qualification requirements.

he's live on youtube right now spreading the gospel and his thoughts on the mortgage crisis  

Illinois isnt getting out of its budget crisis anytime soon so dont expect for them to come out of pocket for your losses.

I like apartments simply because everyone needs a place to sleep, so they will do well in times of crisis, but in a huge downturn the RV Park, for example, might not do as well.

We closed the escrow at a bad time because of the banking crisis, which significantly delayed our construction start date.