Erie, PA Investing and General Advice

[Greg Bohn]

Was wondering if anyone had experience investing in Erie, PA? I'm interested in starting my REI journey there because I am familiar with the area and have a lot of family there. However I am not sure if that is a strong enough reason to invest there. A lot of the research I've done shows that it has a declining population and not much job growth happening, with many large employers laying off a lot of people. Does data and information like this affect where you guys invest? Or is it possible to be successful anywhere as long as you have a strong knowledge of the area and its market? Any info would be helpful!!

[Alex Deacon]

@Greg Bohn your statistics will directly affect the values but that doesn't mean you shouldn't invest there. You may actually want to invest there as the prices decline. Make sure you know your market regardless if its declining or increasing in value. You can make money everywhere if you are smart.