Is it a great idea to invest in small towns?

Is it a great idea to invest in small towns?

Rental Property Investor · Chicago, IL · Member since 2019 · 11 posts · 4 votes

Is it a good idea to buy properties in small towns? Would real estate investors be saturated do to it being a small town?

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  • Specialist · Riverside, CA · Member since 2015 · 6k+ posts · 3k+ votes
    6y

    Depends on the town, but it can be more difficult to fill vacancies, raise rent, and see appreciation.  In the long term if you aren't careful the town could experience population decline, this could be the case if the town has one main employer that goes out of business.

  • Rental Property Investor · Chicago, IL · Member since 2019 · 11 posts · 4 votes
    6y

    Exactly!!! Supply and demand concept. I see so much opportunity. Lots of vacant homes but I have to do more homework about the community.

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