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Updated over 4 years ago,
Location. Not sure about mine.
I live in Bloomsburg, PA. It’s a small college town. Population 14k or so. I currently own a Duplex student rental. The colleges enrollment prior to COVID has slowly declined. With COVID who knows.
I moved here two years ago when the company I work for bought out another company in the area. I agreed to 5 years with the company, 3 left. I’d like to buy more property and build my portfolio but I’m afraid of buying anything else in my area. I think they rely to heavily on the university and if that were to go the town would follow.
My question: what should I do? I want to acquire more properties, learn more and do more but I don’t want to build a portfolio in a location that doesn’t benefit long term goals.