Hi, BPersI have a question on dealing with economy downturn for a long time and would like to pick the brains from experienced investors here (i.e., they experienced 2008 financial crisis themselves).I heard many horr...
Investment Info:
Single-family residence buy & hold investment in Edgemoor.
Purchase price: $132,000
Cash invested: $1
Sale price: $206,600
Bought it and rented out the extra two rooms to cou...
Hopefully some experienced folks can weigh in here. I’ve been wondering what you think it actually means to have done well during and after a market downturn?People love to have bragging rights after the fact because ...
We all know the cost of buying properties is at an all time high. Historic prices. But many have continued to buy with hopes of continued growth. I am seeing a flattening on demand for Condos and Townhomes. Big discou...
For those of you don't believe that we ALREADY turned the corner, here is ONE OF several listing that I ran into that are listed below that 2015/2016 purchase price...In San Francisco....A location....Removed by moder...
Just about everyone expects a downturn to occur soon, although probably not nearly as impactful as 2008. Most of the investors I know are anticipating, if not excited, for a downturn to happen. In retrospect, 2008-201...
BRRRR seems to be a very popular method to acquire rentals these days. Do you think it's likely the BRRRR method will not be possible in the next housing downturn? Also just wondering what is the history of BRRRR? I'm...
What can you park your money in (other than cash) that protects it from down turns such as the 2007 bubble? I don't believe we are in one now, but when they time comes, I want to put my money into assets that are shel...
The last downturn here in SoCal was about 55%, yep people lost 55% of their value in their Real Estate holdings.A $500k home went down to $250k or less on the average.Now is your time to contribute your opinion, we ar...
I’m looking to hear from folks who owned multi family rentals in Chicago (or elsewhere, though specifically interested in Chicago) during the last downturn.- Did rents go down?- Did you have higher or lower demand for...