Is It good to Invest in small population city?

Question

Is it ok to invest in a small population city to buy and hold and if so how small? Is 40,000 people ok or whats the least amount of people before it becomes to risky that the town might get run down and know one will rent your property?

Cole Raiford · Answer

@Matt Arden anytime. Message me if you ever have any question. I’ll help where I can.

Matt Arden · Answer

@Cole Raiford Thank you I appreciate you taking the time and answering me.

Cole Raiford · Answer

@Matt Arden I think that will be very dependent on the particulars of the city. Finding renters has not been a problem yet for me.

Matt Arden · Answer

@Cole Raiford thanks cause I find some great deals is smaller town, does it take longer to rent out or do they rent pretty quickly?

Cole Raiford · Answer

@Matt Arden is it a 40K city in the middle of nowhere, a 40K city outside of a larger city, a 40K city that borders two other 40K cities, etc? I invest in a 40K city with no issues. It isn’t out in the middle of nowhere though and there are large employers in the area. You can bet that someone is making money investing in every 40K city in the US.

Is It good to Invest in small population city?

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