Rapid City South Dakota Market

[Aaron Schrader]

Here's a couple of interesting pieces of information if you are looking to invest in the Rapid City/Black Hills market.  Also note that South Dakota does not have the onerous landlord laws that you may find in some other states.  Home prices in the area continue to be lower than other markets and the area has a strong history of tourism.  Let me know if you have questions! (I am a licensed real estate agent)

https://www.pennco.org/equaliz...

https://www.rcgov.org/rapid-ci...

[Bruce Lynn]

What would you consider a good price on a move-in ready rental?  Say 3bed/2bath?   Would these also normally have garages?  1 or 2 car?  What age range are these?

Based on that price, what would you expect rent to be?

Is there a shortage of rentals?

What parts of the city would you consider the best places to buy?