Are multi family units the most recession proof real estate investment? And what type is the least?
- Anonymous1 month agoFavorite Answer
Although nothing can be 100% recession proof, the type of real estate can determine how much economic suffering it can handle. I currently work for a multi Family firm, and we've been operational since day 1 of the pandemic. I consider myself lucky, but you also have to consider the size and scale of the company. If all your estates are in one state (Let's say California), you'd be screwed. But if you spread them out to various states, some may be impacted economically but other states with more leeway can help keep things afloat.
- linkus86Lv 71 month ago
There is no such thing as recession proof real estate.