Recession is expected around 2020-2022.

My real estate journey started in Las Vegas in 2011 when I was able to take advantage of the recession and buy my first SFR property. 

Option 1: invest in multi family housing Pro- semi reliable income- cuts cost on my living expenditures -recession proof (can be argued)Cons- high cost start (for me at least)- first time managingOption 2: Buy land and try to negotiate a development deal Pro-huge reward -can be fast- after deal is done right, I'm hands offCon-very risky especially for intro-no expertise in this field -finding a great deal in hardOption 3: wholesalePro-great return-can be fast-not long term Con-hard to find good deals especially with a full time job -can be a nightmare project-no expertise Please correct me if I have messed up with any of my pros/cons.

If you think there will be another recession/depression in the future that would bring house prices with it, sell.

Hey All,Here's the breakdown:-I've been wanting to invest in multifamilies for 5+ years-I didn't think I had enough money until this year-I'm ready to invest, but people are telling me the Bay Area is at the top of the market and the only stuff on sale right now is what people want to get rid of before the next recession.

I just read an article the other day on average the ROI between now and the recession is 31 percent.

Austin is super ridiculously sided with a demand that's planting roots here and living, low inventory and post-recession boom so you're going to get low cash flow and the possibility of high appreciation at the moment.

I think that came about during the great recession where those type of deals were much more accessible. 

Don't buy properties that go 100% vacant during recessions. 

We have been reading consistent posts for four years now regarding "it's a bad time to start", "the recession is near", "I can't find good deals", "the market stinks", and similar posts.