Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago,

User Stats

100
Posts
93
Votes
Misael Carlos Vera
  • Rental Property Investor
  • New York, NY
93
Votes |
100
Posts

Familiar Hometown Market vs. Long-Range Profitable Market

Misael Carlos Vera
  • Rental Property Investor
  • New York, NY
Posted

Should I invest in Chambersburg, Pennsylvania or at Tampa Florida. I've heard through BP (and other investing info groups) that it's important to invest in markets that fit your strategy and projected to grow in the future. However, I spent my childhood in Chambersburg, PA so I have tons of connections and have preliminary knowledge of the market. 

For some context, my strategy is to buy and hold. Get some cash flow going and, if advantageous, trade up property using a 1031 exchange. I am aiming for a market with lower property values (~50k) so that I can begin investing sooner.

I live in New York so both markets would be long-range. But, since Chambersburg is my hometown, I have much more resources for support. 

Loading replies...