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Updated over 4 years ago on . Most recent reply

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11
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6
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Brittany Shearer
  • Rental Property Investor
  • Saint Paul, MN
6
Votes |
11
Posts

Is Minneapolis & St. Paul A Place to be Investing?

Brittany Shearer
  • Rental Property Investor
  • Saint Paul, MN
Posted

Hey, I am starting too look at investing in the Twin Cities as I am from here and don't have a desire to start long-distance investing yet. Considering the past few months in the cities, the neighborhoods near downtown multi-family properties are still selling quickly, over-asking.  You can still find cash flowing investment deals in the mix, but Im curious if other investors in the area are selling and waiting for what happens in the next 12 months or still buying with the low rates.  I look at these multi-family duplex units selling for $340-$400 and it seems crazy to me. I would love to hear any local investors thoughts.  Take care.

Most Popular Reply

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742
Posts
925
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Bruce Runn
  • Investor
  • Minneapolis, MN
925
Votes |
742
Posts
Bruce Runn
  • Investor
  • Minneapolis, MN
Replied

@Dan W.

You are quoting a housing and anti eviction organizer to form your opinion of the stability of an area to own rentals?  His actual job is to advocate for renters/home ownership for those with less.  It's a great mission but most in that sphere can not afford to buy.  Anyone can have an opinion and get it printed- 

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