3 Pros & Cons of Investing in Rural Real Estate Markets

preview_player
Показать описание
Investing in rural real estate markets can be a cash-flowing dream or a cash-hemorrhaging nightmare depending on the person you ask. Many investors are quick to write off investing in rural areas due to low population, lack of employers, and fewer houses for sale. But, great deals can be found in the most unexpected places, as Amelia and Grace know.

Both Amelia and Grace got their start investing in small towns, leveraging their local knowledge and relationships to find deals, get great tenants, and build their rental property empires. Before you start looking into “rental properties near cornfields”, make sure that you are in a strong position to succeed in rural real estate investing. If you don’t have some of the core competencies that Amelia and Grace discuss, you may be better off sticking to the big cities.

Do you invest in rural areas? If so, how do you mitigate for lower populations and less inventory on the market? Or, if you’re a big city investor, what would you like to know before investing in small towns? Tell us in the comments below!

~~~~
Join BiggerPockets for FREE 👇
~~~~
Check out Last Week’s Episode on Raising Private Money:
~~~~
A Look at the Rewards, Risks & Rules for Investing in Rural Rental Properties:
~~~~
Investing in Rural Markets—The Secret to Real Estate Investing in Rural Areas:
~~~~
Use BiggerPockets Insights to Get Market-Specific Data and Insight:
~~~~
Connect with Amelia on BiggerPockets:
~~~~
Follow Amelia and Grace on Instagram:

0:00 Investing in Rural Real Estate Markets
1:06 The Rural Investing Queens
2:30 What Matters When Investing in Rural Areas?
2:57 Pros and Cons of Investing in Small Towns
5:37 Should You Invest in Rural Areas?
Рекомендации по теме
Комментарии
Автор

Great video! I have been strongly considering investing in my rural hometown for all of the reasons you guys mentioned. Real estate is heavily dependent on relationships, so starting somewhere where you already have connections just makes so much sense to me.

morganbasham
Автор

👏🏼👏🏼 more great tips! Everything I know about REI I’ve learned from these rookies! 😃

amandarigg
Автор

Good video! One other dynamic with rural is trying to find a PM company is tricky and limited. That’s part of why I backed out on a 4plex in a town of 2, 500.

mikeloker
Автор

18 yos will be always having babys and dont want to live in a trailer on there wedding night , but when it come to sale yrs if you can even sale it

youtubecarspottersguide