Investing in a Smaller Market

[Joshua Randall]

Alright BP so I live in area with a population just around 40k. Most of the mentors that I have seen or spoke with, or even successful investors are doing so in a bigger city. My question is, is it smart to invest in a smaller city like the one I'm in? It doesn't seem like there are many investors, so as a wholesaler I might have a difficult time finding cash buyers. I'm too far away from big cities to really jump in there but in this city the prices of houses is much lower than the national average. Also, there is an abundance of opportunities for implementing the BRRRR method too.

[Alex Deacon]

@Joshua Randall as @Julio Garcia stated. If the numbers make sense then go for it. There is nothing wrong with being a big fish in a small pond as long as you can be profitable. Thats the easy part. Becoming experienced enough and having the right resources and capital is the hard part. Making important decisions quickly and knowing the pros and cons of each deal is invaluable. I have 30 years experience in the Pittsburgh market with thousands of transactions under my belt and I am still learning something new every day.