Most of these experienced land lords actually did better during the recession than they did before it.

I've been following the conversations about an impending market downturn, I don't want use the term Recession.

They're one reason we got hit pretty hard in the recession so that's something to keep in mind if there's another housing downturn.I have a great team of realtors, lenders, attorneys, insurance agents and contractors so if you end up investing here and need referrals happy to share that as well.

I thought the same thing in my 20's screw college I'm making good money pre recession owning my own construction company.

Rents are increasing during recessions.

They are essentially betting on you as an individual will not only follow through with your word to execute this business plan, but also that there won't be another pandemic shutting down the economy, a soft landing for a coming recession, real wage growth to grow with increasing rents, no additional restrictions on landlords to remove nonpaying tenants, AND that the real estate market will keep humming along as it has been, increasing in value each year.

With SFH's and all the up-zoning happening in Seattle you may be able to build additional units on your lot as prices continue to rise and the ROI for those kind of activities increases.Condo's, as lower priced assets, tend to be more volatile - they'll get hit harder during recessions and often rise higher during booms.

It will be the first thing to tank in value during a recession. 

New distressed flooring throughout, freshly painted interior with contemporary paint colors, new baseboards, ceiling fans, recessed lighting, remodeled master bathroom and additional full guest bathroom.

I started in more in the recovery phase of the recession for Pontiac. 2.