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Yonit Young
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Investing in small towns

Yonit Young
Posted

Hi!

Trying to take my first steps in real estate investing, and I'm also looking at small towns. As part of my research, I'm trying to understand if there is a need for rental properties. When I check on Zillow, for example, I see that there are very few properties offered for rent. Is this an indication that will it will be difficult for me to find tenants?

Thanks in advance for any comment.

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Jared Hottle
  • Real Estate Agent
  • Cedar falls IA Waterloo, IA
550
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Jared Hottle
  • Real Estate Agent
  • Cedar falls IA Waterloo, IA
Replied

No one size fits all but I like small towns. Prices are lower, taxes usually lower, less government oversight yet still usually a high demand for rentals and to get into a small town for the schools, safety, etc. Definitely more of a cash flow play, many times older homes that need more maintenance and finding contractors to work can be difficult depending on how close it is to larger city. 

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Jared Hottle Real Estate
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