Updated over 7 years ago on . Most recent reply
MPLS Multi Family Investor
My husband and I are casual buy and hold investors. Three years after buying our first fourflex and busying with life, we have moved to the Minneapolis Metro Area and are actively searching again for various type of properties. We are working with a real estate agent who is also a trustworthy friend. In the last years, I spotted three properties on the MLS and purchased based on his advice and local experience.
The price of duplex and triplex seem to be always too high for me. We are open to sizes from fourplex to large multifamily. We are in the position to move fast, but I am not sure if we are too cautious because I haven’t seen anything that excites us. It’s winter here but wow, buyers are flocking around any seemingly good deals.
Perhaps we should be more active and connect with other investors, and I believe we should attend a couple meetups when possible. I've never been to one and always believe that it's for the "pro" investors.
Most Popular Reply
Welcome back to MPLS, we connected a couple years ago I actually am selling/closing next week on a 4 plex a couple of blocks from the multi family you bought and renovated a couple years ago. I also would encourage you to attend meet ups. I help run one that meets every other month and will be presenting in March on a triplex I'm building at 35th/Grand.