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Updated over 7 years ago on . Most recent reply

User Stats

21
Posts
3
Votes
Jeffrey Charter
  • Investor
  • Waldorf, MD
3
Votes |
21
Posts

Danville, Virginia

Jeffrey Charter
  • Investor
  • Waldorf, MD
Posted

Anyone familiar with this Market? It has a small population, and it boarders North Carolina. I live 200 miles from Danville and was considering it a place to invest in Multifamily apartments.

Commercial/Multifamily Investors, what factors do you look at to determine the market you invest in.

Thanks

Most Popular Reply

User Stats

280
Posts
98
Votes
Darron Stewart
  • Investor
  • Hattiesburg, MS
98
Votes |
280
Posts
Darron Stewart
  • Investor
  • Hattiesburg, MS
Replied

Back in the 70's was a small town, still a small town.  I always have had issue with property located too far away.  Even with family where my investments were, there always seemed to be times where I needed to have eyes on the property.  Would consider looking closer to your location vs having to rely on too many external people. 

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