Out of State Investing

[Account Closed]

Hello BP! Here's a quick question for you: If a city you were planning on investing in showed a decline in population growth since 2010 would you still invest in it? Thank you BP! Jorge

[Travis Beehler]

Hi Jorge!

I guess my first question would be: How much of a decline in population?  Is this a dip that's going to rebound?  Is this because jobs are leaving like crazy?

It could be a slump the city is in, but that may mean that the rentals are now "on sale".

So, to answer your question, no it wouldn't prevent me from investing, I'd just want to know more info before I made that decision.