Well, we all know what that propaganda created, the worst recession since the Great Depression in the U.S.With the highest default rate in the sub 600 credit score category, some FHA lenders are pushing this requirement of 580 up to over 600.

Well, we all know what that propaganda created, the worst recession since the Great Depression in the U.S.With the highest default rate in the sub 600 credit score category, some FHA lenders are pushing this requirement of 580 up to over 600.

I took it slow (buy and paydown vs lever up) and ate a recession in the middle.  

Obviously, things would look differently if we have a major recession where tenants suddenly disappear and you can't rent anything even for 2/3 of what you were getting before like in 2008/9.  

Utility companies held off for the most part in the downturn because they knew defaults would go higher on accounts because there was a recession.

This was about eighteen months ago, not during the recession.

                                                      Sam Shueh, Campbell, CA                                                                                                       May 11,2016After 4th quarter 2011 (trough) home price went up recovering from the Great Recession.

Do NOT leverage to high, or when the next economy recession hits and more vacancies occur in your city, you could end up paying more for the mortgage vs the rent+expenses. 

Yes, I know these are businesses but they mostly all come with real estate and are mostly recession proof.

There's opportunity out there regardless of current market conditions, but so many people are sitting on so much equity today that purchased during the great recession, that many people are convinced the Great Recession is a once a decade thing rather than a once a century thing.IMHO, Great Recession Part 2 is not around the corner.