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Updated over 7 years ago on . Most recent reply

User Stats

21
Posts
2
Votes
Warren Straley
  • Investor
  • Van Wert, OH
2
Votes |
21
Posts

All eggs in one basket (town)???

Warren Straley
  • Investor
  • Van Wert, OH
Posted

I live in a small town of approx. 10,000 people. I have often wondered if it is unwise to grow a large (50 to 100 units) rental portfolio all in the same town. Has anyone ever thought about this, or have any advice on this?

I imagine there are approximate 5,000 residences in town. If I were to grow to 100 units that would only be .02% of all housing. Am I making mole hills into mountains??

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