[quote user=DanGolby]6% population decrease .. a very small town (like Hanna) with population decrease is usually not a good place to invest and less you have a profitable and sustainable niche bought at a ridiculously low price with awesome cash-flow owned free and clear after a few years of mortgage payments.
I found two golden nuggets near Hanna this summer- namely two great used modular homes.
One home was being sold by a family that had built a big new home. They had the large new Atco? powerline come across their property and got a huge windfall (and likely the reason for the new home). Hence the reason I closed a great home which I moved 650 k to NE Saskatchewan.
The second home was in Finnegan, Alberta, which is maybe 50miles south of Hanna. It was in such a 'remote' location in Alberta that simply noone wanted to drive there. Hence, I got another fantastic deal.
When I move these homes, it doesnt really matter where they are but moreso that I know the move costs and have a great team in place to deal with the logistics.
So yes I invested around Hanna, and pulled both homes to 'The Land of Living Skies' in Saskatchewan!
One home was being sold by a family that had built a big new home. They had the large new Atco? powerline come across their property and got a huge windfall (and likely the reason for the new home). Hence the reason I closed a great home which I moved 650 k to NE Saskatchewan.
The second home was in Finnegan, Alberta, which is maybe 50miles south of Hanna. It was in such a 'remote' location in Alberta that simply noone wanted to drive there. Hence, I got another fantastic deal.
When I move these homes, it doesnt really matter where they are but moreso that I know the move costs and have a great team in place to deal with the logistics.
So yes I invested around Hanna, and pulled both homes to 'The Land of Living Skies' in Saskatchewan!