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Updated over 6 years ago on . Most recent reply
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Is it possible to become a RE developer in a smaller market?
Hello and good morning Biggerpockets users, I am located in the Hampton Roads region of Virginia, specifically Williamsburg. I was wondering if it was possible to become a successful real estate developer in smaller markets like mine and the surrounding areas versus being in a major metropolitan city. Developing multifamily, townhomes, and single family homes are the most ideal. Please let me know of your thoughts!
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@Marlon Thomas Hi Marlon. Yes you can. There are many succesful investors in Williamsburg and there is room for more. Are you looking to build a rental portfolio? The rest of Hampton Roads is still pretty easy for you to get to when needed so you don't need to limit yourself to just Williamsburg.