Was listening to podcast by George Gammon and Robert Kiyosaki recently. They made the comment that with high market valuations for most RE right now, and record low interest rates, that the debt is now the asset, and...

1) Not keeping enough reserves. Big expense hits and owner cannot handle it

2) Fix/flip - unforseen repair needed. Too many deals go bad.

I'm curious to hear how RE empires go down during recessions.

BP Fam -
I currently live in Southern California and I'm looking to invest in my first multifamily property. (Duplex, Triplex, or Fourplex) However, I'm looking for it to be out of state. Being in this area, I do no...

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