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.
General Real Estate 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 over 17 years ago,

User Stats

1,337
Posts
585
Votes
Minna Reid
  • Real Estate Broker
  • Jacksonville FL & Middletown CT
585
Votes |
1,337
Posts

Is it possible..

Minna Reid
  • Real Estate Broker
  • Jacksonville FL & Middletown CT
Posted

that I am the only investor in my area? Sounds strange right...but I am really starting to believe it's true. Here's why - In the last 6 months I have called every we buy houses sign I have found (which are basically nonexistent in my area, by the way), every newspaper ad, anyone that I believe may be in my business...solely for the purpose of networking with others, and finding deals. This has produced no result. Wholesalers have told me they dont really do much business in my area. I went to my "local" REIA last night ( not local at all, but the closest I could get)...again - nothing. 400- 600 people there....couldnt find one that deals in my area. I had a conversation with one of the guys that runs the largest RE business in the state, when I told him where I was...he said "oh - theres nothing out there". I see no evidence of any investors where I am. Now how could this be?
Now I've designated "my area" to be a circle anywhere within a half hour from my house. It's not cow country or anything like that. In this area I have cities, suburbs, the poor the rich and everything in between. New house, old houses, you name it, it's here. My research tells me there is roughly a million people residing in this area, and I see the area growing all the time. CT is the richest state in the country,and one of the most densely populated - Even in "my area". So what would make it "uninvestable" by anyone elses standards?
Better yet - what am I to make of this? I really want to take a stand of it will be harder for me as I'll be a stand alone business, but its all there for the taking with no competition...BUT...it makes me wary that there is no one else here.
So what do I make of this?

Loading replies...