He had 4 months to prepare - OVER 4 months, but his daughter is terminally ill and I think that things just all crashed down on him at once.I like the idea of paying the investor that's buying it.

I was able to buy a SFR in a nice part of LA during the crash that has positive cash flow.

In the housing crash nobody with a paid-off home lost it to foreclosure. 

For example, during the market crashes of 2020 you may have wanted to take advantage of the low rates before the housing prices rose drastically.

Now, this discussion about a bubble and a crash in the real estate market has been going on for a few years.

What did the crash look like to you?

Curious thing is, if you started 13 years ago that would make it 2008 when everything crashed for a few years.How'd you manage to survive such a dramatic down turn from 2008 to 2012 when banks weren't lending and everybody else claims they were losing their shirts?

Otherwise, sell get the tax-free money, and put it in the bank and while you are out of the country and hear the market has crashed you can fly back and spend a week picking up a great deal if the itch to become a landlord is still there.

Since the 2007 market crash, they've ranged from about high 30's to high 50's.

He told me his brother-in-law works for a financial firm, and their projection was a market crash in 2019, so he'll wait until then. 4 years and one pandemic later, he still doesn't have a place.