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Updated about 1 month ago on . Most recent reply
Small town purchase worth it?
If you had the opportunity to purchase a cash flowing property with no money down in a town of 500 that is 30 minutes from a metropolitan area of 130k in population, would you do it? The numbers look great but I am nervous to buy in such a small town. This would be a buy and hold long term deal.
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Drew Sygit
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Drew Sygit
#1 Managing Your Property Contributor
Property Manager
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#1 Managing Your Property Contributor
- Property Manager
- Royal Oak, MI
@Alec McGinn research the rental market history.
How many units typically on the market?
How much demand is there?
Absorbtion rate?
Average Days On Market?
- Drew Sygit
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