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Updated about 4 years ago,
Are you still buying property in urban locations?
Given the growing population shift to suburban America fueled by coronavirus, work-from-home, and other factors, I'm curious how this may (or may not) have impacted your views on urban rental properties. Obviously, if you price your rentals below whatever market is, you're going to have renters...but with that considered, would you still think buying a rental property near downtown is still a good purchase?
I am in the process of buying a triplex located in my downtown area with the intention of house hacking, but I am having second thoughts given the current environment. Any thoughts or insights would be much appreciated. Thanks!