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.
Multi-Family and Apartment Investing
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 about 6 years ago,

User Stats

26
Posts
17
Votes
Adam Hughes
Pro Member
  • Rental Property Investor
  • St. Louis, MO
17
Votes |
26
Posts

Rural vs Metro what’s the experience?

Adam Hughes
Pro Member
  • Rental Property Investor
  • St. Louis, MO
Posted

Hello,

While my description says I’m from St. Louis in all reality I live 20 minutes from downtown on the Illinois side of he river. I’ve grown up here and know this side of the river very well. The book I just started reading “Crushing It” made a point about home field advantage. I live in a town of about 10k and am surrounded by towns of 1k-30k.

In addition it seems that the old guards of multi family are starting to shift and I’ve watched new buyers enter the market. That said there are quite a few deals right now in these communities that are offering conservative returns. That said I’m yet to make an offer and this purchase will be my first multi family unit and only second unit in total. I’m considering buying between 1-3 duplex to 4plex.

My question, am I selling myself short by not looking in St Louis city or is the home field advantage a good strategy starting out?

Thanks

  • Adam Hughes
  • Loading replies...