towns that I invest in. As a result, I spent 18 years of my life there. I know every street. I have been in many of the houses as the people living their were friends and family. I understand the economics, trends and where the jobs are.
This means that people I talk to typically have not received marketing pieces from 4 other investors and I do not have to work as hard to find a deal. In some cases, deals find me because I am one of the few investors in the area. The average property value in my market is $73,000. There are a lot of properties that are less expensive than this. I attribute a lot of this to the two previous points (less competition and cheaper properties). I can often find properties that generate more that $100/unit and exceed the 2% rule. Regulations All places have regulations regarding building/changing property, but rural areas typically have less. Crime Although crime exists everywhere, Puma Rihanna Black Gum it is less prevalent in rural areas and crimes Puma Rihanna Velvet Grey
own any investment property in Rochester. All of my investments are in small towns about an hour away from Rochester (populations of 3,600). The next question that I typically get asked is don you invest in Rochester? of Investing in Rural MarketsThere are probably a ton of reasons why people would choose to invest in rural markets. Below are some of mine. I as born and raised in one of the Puma Rihanna Velvet
As a result, he often drives b.
Because the market is small and there is less competition, it is much easier to build a brand. People in my market recognize our signs and logo. We have taken several vacant properties and renovated them. This not only improves the visual appeal, but it also increases the local tax base and provides more quality housing in the community. My business consists of a partnership between my father and I. I focus on many of the business aspects (acquisitions, accounting, marketing). My father focuses on the renovations and maintenance of our properties. He lives in the rural area that we invest in.