Hello everyone!
Im very excited to be starting my real estate journey and I will be buying my first property in the near future. Ive been doing a lot of research through reading books, podcasts, blogs etc. I feel pretty comfortable with a lot aspects of a good deal and cash on cash returns, appreciation, rent rates, good neighborhoods. Basically any aspects that invovles math or numbers I can break down pretty well. The thing that I feel I'm lacking in is buying in a good city/area or finding out if rental demand is needed in that area. I'm trying to buy in Ohio because I grew up there and are somewhat familiar with a lot of the cities and towns. The places that I have narrowed down my searches to all typically have small populations of around 8,000-12,000 people. They have great schools, low crime rates, good employment, lower costs of living etc. Everything on paper seems great, I'm just hesitant on these lower population areas because I don't know if my property will stay interested. If anyone could give me any type of advice on areas like these I would greatly appreciate it. Any advice on location would helpful!
Thanks everyone,
Chase