Spokane, WA · Member since 2020 · 56 posts · 30 votes
Hey there! First post.
Looking to invest in Chico, California, a smaller city in Northern California. The population is around 100,000. Although I realize inventory is low everywhere in the US, is this too small of a population to invest in? There doesn't seem to be a lot of small multi-family on market, and wondering if it's worth diving into. All macro indicators suggest that this is a greenlight to invest, and local housing conditions seem to be okay except for inventory.
Looking to invest in Chico, California, a smaller city in Northern California. The population is around 100,000. Although I realize inventory is low everywhere in the US, is this too small of a population to invest in? There doesn't seem to be a lot of small multi-family on market, and wondering if it's worth diving into. All macro indicators suggest that this is a greenlight to invest, and local housing conditions seem to be okay except for inventory.
Thanks.
Hey Jacob,
I’m a realtor in Chico. Happy to jump on a call and share my perspective on the local market. Just send me a DM