Recessions come – they always do. The unknown is when. Unless the Coronavirus turns into a pandemic, the US is not going to go into a recession this year.
I am looking forward to the next recession. I have a long list of stocks I want to buy on sale.
My goal is also to buy a small apartment complex in the next recession. I was fortunate enough to buy two properties in 2008-2010. Not smart enough to aggressively buy more. Have bought some other properties since then. They cash flow, but missed the big appreciation gains.
I love the though of “one and done”. A small complex at the right price point, and I don’t need to ever purchase another property again.
Still have not figured out the down payment portion of this goal. I need a few more years.
