Skip to content
×
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
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Buying & Selling Real Estate
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 almost 6 years ago on . Most recent reply

User Stats

219
Posts
99
Votes
Tyler D.
99
Votes |
219
Posts

Focus on one area or diversify?

Tyler D.
Posted

I recently close on a great deal in a small town that I think has potential for growth. It is about an hour away from a much bigger city that residents have been moving away from to escape increasing rents.

I am considering buying more property here, because due to the small size of the city I could control a lot of the market, and there are a lot of great deals, unlike just 30 minutes away where prices are much higher. However, there is the possibility that jobs die off and everyone leaves, leaving me holding the bag.

I have considered spreading out my investments over several cities to hedge against a single point of failure, but doing so would mean settling for higher prices without much of an increase in rent. Your thoughts?

Loading replies...