The marketplace model still is quite awful and it seems unsustainable, especially if we get a nice recession at some point. 

I've found that flooring and recessed lighting are very affordable changes to units that many tenants seem to appreciate and look for when apartment hunting.

@Joe Villeneuve i am sure you have hear the statistic that economists have been able to accurately predict ten of the last three recessions.

Hello beautiful people of BP,I'm looking for advice from investors in KC that have been around awhile, before and after the Great Recession to be exact.

A lot of that occurred after the recession or in very rough markets, or extremely rural markets.Now if you are talking a normal market, and an investor who is not already independently wealthy from some other business and has a ton of cash to spend, I imagine the podcast episode would sound like this:Host - Tell me how you got started.Guest - I saved up cash until I had enough for my first investment.

Historicaly it has always been one of the most volatile market in LA and at each recession / pullback that area gets hit very hard with lots of foreclosures and vacancies. 

Then you got laid off and now you want to blow what little money you've saved on something most people lose money on their first time, just as the economy heads into a recession?

Too many people on here are full of hot air about "retiring" and think that buying homes in 4-5% interest rate environments, with unemployment at sub 4%, no recession and no market pull backs is going to last forever.

As someone who has been looking at homes in the Bay Area over the last year, the homes with original details stand out (and sell for more) among the generic flips (grey wood laminate, recessed lighting, white cabinets and subway tile and all beige bathrooms).

Came across an article challenging a long held notion that class c properties do best in recessions Did your market have perform like this?