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Updated over 6 years ago on . Most recent reply

User Stats

37
Posts
12
Votes
Marlon Thomas
  • Williamsburg, VA
12
Votes |
37
Posts

Is it possible to become a RE developer in a smaller market?

Marlon Thomas
  • Williamsburg, VA
Posted

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!

Most Popular Reply

User Stats

143
Posts
78
Votes
Ernest Grindle
  • Rental Property Investor
  • Suffolk, VA
78
Votes |
143
Posts
Ernest Grindle
  • Rental Property Investor
  • Suffolk, VA
Replied
@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.

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