Survivor: Real Estate
"Most of the people that do what I do got wiped out, if not all of them," John Bogdasarian says.
Bogdasarian, forty-three, is the president of the Promanas Group, an Ann Arbor real estate investment firm, and he feels fortunate to have made it through the Great Recession. "In the end of 2007 and pretty much all of 2008, we just sat around and watched the whole thing melt down a little bit," he says. "It was hard to know when was the right time to buy."