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Updated over 8 years ago on . Most recent reply

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Sabrina Basht
  • Wilmington, DE
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The impact of the last financial crisis

Sabrina Basht
  • Wilmington, DE
Posted

I am a newbie to BP but just love all the content!  I am interested in hearing how folks were impacted during the last down turn and actions you took.  I know property values dropped tremendously but were there other issues?  More lease defaults? Inability to refi?  Just trying to think about the worst case scenario.  My husband and I have 3 single families that have been more like a hobby but we are thinking seriously about expanding and getting serious. Thx!

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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
ModeratorReplied

The financial and housing crisis was actually the catalyst for me becoming a full time investor. I saw the opportunity to buy a bunch of undervalued assets.  

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District Invest Group
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