Thoughts on Real Estate Investing in Blacksburg, VA?
I am a real estate agent/investor currently living in Northern Virginia. I am also a Virginia Tech graduate (Go Hokies!). I have been considering in investing down in the Blacksburg, VA area. I would be looking more for a buy and hold strategy.
A couple of reasons listed below:
- Lower barrier to entry relative to Northern Virginia
- Possibly better cash flow (?); (Need to look into this more)
- In looking at the Virginia Tech master plan, the university is planning to grow
- Being able to stay involved in the community
Any thoughts or recommendations? Any investors in the same situation?