Started By
Message

re: Being "recession proof"

Posted on 7/9/13 at 2:21 pm to
Posted by EA6B
TX
Member since Dec 2012
14754 posts
Posted on 7/9/13 at 2:21 pm to
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!
Posted by NC_Tigah
Carolinas
Member since Sep 2003
123896 posts
Posted on 7/10/13 at 8:26 am to
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.
Posted by rintintin
Life is Life
Member since Nov 2008
16178 posts
Posted on 7/10/13 at 8:41 am to
quote:

NC_Tigah


How "diverse" is your portfolio?

Do you own real estate?
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 7/10/13 at 8:43 am to
I know but if you have crops/timber, you have growth nonetheless
Posted by NC_Tigah
Carolinas
Member since Sep 2003
123896 posts
Posted on 7/10/13 at 8:48 am to
quote:

How "diverse" is your portfolio?
Very
quote:

Do you own real estate?
Oh yes.
Posted by rintintin
Life is Life
Member since Nov 2008
16178 posts
Posted on 7/10/13 at 8:53 am to
What's your real estate of choice? Single family, multi-family, commercial??
Posted by NC_Tigah
Carolinas
Member since Sep 2003
123896 posts
Posted on 7/10/13 at 9:20 am to
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.
first pageprev pagePage 4 of 4Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram