REIs in Retirement Heavy Cities - Down Market Proof?
2 Replies
Stephen Daniels
Investor from Tucson, AZ
posted 6 months ago
So we are all looking to find markets that are thriving right now yet are also resilient to any additional constraints the "pandemic" may cause in the near future. Just today I was discussing the idea that investing in a community predominantly occupied by retired or close to retirement individuals would be a smart way to theoretically "underwrite" some stability into my REI portfolio. I'm very interested to hear what you all have to say on the matter, so what are your thoughts?
Greg Scott
Rental Property Investor from SE Michigan
replied 6 months ago
Be careful not to over-think this and get caught in analysis paralysis.
Yes, places where baby boomers are moving (like Tucson) help. Much more broadly, any city where the population is increasing helps support rent and price growth.
Find a decent market and then spend your time learning how to find, buy, and manage great deals.
Stephen Daniels
Investor from Tucson, AZ
replied 6 months ago
@Greg Scott Thanks for the advice! I think more than anything I just wanted a little confirmation from the BP family to put my mind at ease.