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Updated about 8 years ago,
Lynchburg, VA Multi-Family Properties
Hello!
As mentioned in my past posts, I'm new to investing and have had to do a lot of self-evaluating and my niche and what area I want to focus on. After reading the very helpful advice from those on BP, I decided to stay in a market that I am familiar with and that is relatively close.
I am considering a multi-family property (2-4 units) in Lynchburg, VA. I have family members who lived there for several years when they were in college. I already ran the numbers and if everything is right, I foresee it to be a very profitable investment. I'm particularly looking at multi-family property closer to Liberty University or at least on the bus route.
Does anyone have any experience in investing and renting in the Lynchburg area?