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Updated over 6 years ago,
Advice on investing in Syracuse NY and Tucson AZ
Greeting Fellow Investors!
We are evaluating a multiplex deal in Syracuse (near SU) and one in Tucson AZ (near UA). The metrics I am looking at are:
1. Returns
2. Population Growth
3. Job Growth
Syracuse:
#1 works well for us, #2 seems to be bad per wikipedia.org (https://en.wikipedia.org/wiki/Syracuse,_New_York#D...) shows a continuous decline in population census over census. Is that a bad sign and good enough reason to stay away from the deal?
#3, I am not able to figure out easily. Any pointer on how could we figure this out?
Any fellow investors from Syracuse who could share their experience and provides some suggestions on investing in Syracuse?
Tucson:
#1 works well for us, #2 seems to be good as well.
#3, I am not able to figure out easily just like for our Syracuse deal. Any pointer on how could we figure this out?
Any fellow investors from Tucson who could share their experience and provides some suggestions on investing in Tucson (specially around UA area)?
Thanks much in advance!