schmidtjas
Recycles dryer sheets
I'm looking into a fourplex located in the small town that I work in. I live in another small town 10 minutes away by car. The biggest city in the province is 25 minutes away by car. The town with the property has less than 500 residents. I contacted some people in the town and the town admin and it seems like there is a good amount of demand for rentals there. The plant I work at (150ish employees) is the main business in town, although after speaking with a few people around town it seems most of the renters don't work here, so the town's rental market isn't completely tied to it.
I still have to do some more due diligence on the property, but I had a question for those who've owned rental property in small towns. Are there any pitfalls that I should know about ahead of time for small town properties? How do you normally advertise for tenants?
I still have to do some more due diligence on the property, but I had a question for those who've owned rental property in small towns. Are there any pitfalls that I should know about ahead of time for small town properties? How do you normally advertise for tenants?