Today is another AMA episode (Ask Me Anything). Johnny writes:
I’ve become increasingly interested in key Pennsylvania cities as new markets to invest in for rental properties. The cashflow an investor can achieve in cities such as Philly, Allentown, and Pittsburgh seem sustainable and appealing given the cost to purchase properties.
One factor I’m also considering – and I would value your take on – is whether the US will experience an increase in domestic steel production. Looking at larger geopolitical issues, it seems that the US will need to achieve far less reliance on countries such as China for key materials such as steel. Are these areas positioned for a boon in manufacturing? That can make all the difference in discerning an investment opportunity that has a 10-15 year span.
Host: Victor Menasce