Being "recession proof" | Page 4 | TigerDroppings.com
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EA6B
Navy Fan
TX
Member since Dec 2012
1853 posts

re: Being "recession proof"

quote:

if you own land, that's pretty damn recession proof.


You can find land in almost any area that is not worth what it was a decade ago. I should know, I own some of it!


NC_Tigah
LSU Fan
Member since Sep 2003
57902 posts

re: Being "recession proof"
quote:

You can find land in almost any area that is not worth what it was a decade ago
In many instances, land value has declined dramatically since 2006-7.


rintintin
New Orleans Saints Fan
Life is Life
Member since Nov 2008
9184 posts

re: Being "recession proof"
quote:

NC_Tigah


How "diverse" is your portfolio?

Do you own real estate?


jimbeam
USA Fan
University of LSU
Member since Oct 2011
37271 posts

re: Being "recession proof"
I know but if you have crops/timber, you have growth nonetheless


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NC_Tigah
LSU Fan
Member since Sep 2003
57902 posts

re: Being "recession proof"
quote:

How "diverse" is your portfolio?
Very
quote:

Do you own real estate?
Oh yes.


rintintin
New Orleans Saints Fan
Life is Life
Member since Nov 2008
9184 posts

re: Being "recession proof"
What's your real estate of choice? Single family, multi-family, commercial??


NC_Tigah
LSU Fan
Member since Sep 2003
57902 posts

re: Being "recession proof"
quote:

What's your real estate of choice? Single family, multi-family, commercial??
No significant preference other than very careful attention to value/valuation and carry costs. For the average investor, aside from a personal residence, REITs are a good vehicle.

My holdings are single-family -- personal homes, and commercial. Through REITs, multi-family exposure as well.


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