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Updated about 1 year ago on . Most recent reply

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97
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Lance Petway
  • Investor
  • Farmington Hills, MI
22
Votes |
97
Posts

Back in the game

Lance Petway
  • Investor
  • Farmington Hills, MI
Posted

I lost everything in 2008 during the recession.  13 homes all in the suburbs including my personal home in Royal Oak.  It was devastating for me at that time.  I did everything right and just did it at the wrong time.  WELL I AM READY TO GET BACK INTO THE GAME AND START ALL OVER!! I want to make my business recession proof now.

Most Popular Reply

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4,395
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2,729
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Michael Smythe
#5 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Property Manager
  • Metro Detroit
2,729
Votes |
4,395
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Michael Smythe
#5 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Property Manager
  • Metro Detroit
Replied

@Lance Petway we watched a lot of our clients go through that:(

Most overleveraged and/or didn't have the reserves to get through those rough times.

What's your new and improved plan?

  • Michael Smythe
business profile image
Logical Property Management

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