BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated almost 5 years ago on . Most recent reply
Is anyone turned off by "cold" areas?
Was looking into investing out of state, no problem there. Looking into a northern area, which obviously deals with pretty brutal winters (cold, snow.) Do these conditions make or break deals for anyone? Aren't these conditions putting a lot more stress on the properties affecting Capex, mon. Expenses, etc?
Anyone with experience in this have any truths or stories about this type of thinking?
TIA!