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1 September 2023 | 28 replies
MH Parks Inherently more stable assets, especially if all the homes are owned by the residentsEasier to manage once the park is stabilizedFilling vacant spaces requires moving homes, setting them up, making renovations, marketing, sales, and potentially carrying notesResidents tend to stay long term Capable of producing extremely stable cash flow, with the ability to perform through a recession RV ParksA traditional RV park has transient traffic that moves in an out of the park.
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11 April 2023 | 16 replies
As mentioned by others, prices up there are very volatile and that market gets hit very hard each and every downturn ... to give you an example of numbers, my Glendale CA rental went down 25% in the great recession from the peak ... the East Lancaster property I bought for 75% off of its peak price.
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27 October 2015 | 8 replies
@Bryan BlanckeI've bought and sold hundreds of lots and land.In general I would not recommend to new investors.The Great Recession of 2008 had a more drastic effect on vacant land than houses, apartments and buildings.In many areas in the run up from 2000 to 2008 land prices quadrupled or more; and in many areas there is an over supply of created lots.
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15 June 2015 | 24 replies
Riverside has "made it" back out of the recession, but surrounding cities are still somewhat affordable.
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3 March 2016 | 76 replies
We have about 350 units there and I expect KC to have slow, but consistent growth, kinda like it has had for the last 20 years (minus the recession of course).
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30 November 2020 | 29 replies
This was during the recession, so I was sending them to people who had their home on the market for more than 60 days (maybe it was 30).
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4 January 2015 | 3 replies
These that came about during the recession.
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25 October 2013 | 16 replies
Here's a good article for those who are actually interested in Michigan's recovery.Since the recession ended in 2009, Michigan has sported the nation’s sixth-highest job growth rate at more than 6 percent.
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10 September 2020 | 57 replies
A fellow investor I know in Jacksonville had a young lady pay him a year in advance back during the last recession (2011-12).
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27 November 2006 | 8 replies
And don't try to claim it was because of the recession or the cutbacks in defense spending - leading indicators of a housing bust such as declining home starts and rising inventory started in 1989 well before the larger economy started to head south.