West St Paul Area - Thoughts?

[Brett Brohl]

Trying to decide how I feel about this area. Any thoughts?

[Bruce Runn]

We just closed on a property and are working on finalizing another this month. The only way you know whether something is a good deal is having walked through it and seeing if there is more opportunity than what the current owner has realized. I've seen more MLS listings that don't represent the property correctly that it makes me just shake my head. Being a realtor isn't brain surgery. They just need to pay attention and do things correctly. We just bought a duplex that sat for 11 months and after looking at how it was listed, it was easy to see why. Bedroom count was incorrect, sq footage wasn't correct, current rent being charged was 25% too low, a couple blatant physical issues that a couple thousand dollars fixed but probably turned some people off ect. If you tried to work the numbers without going in, you and just about everyone else just passed it by since it didn't look that great on paper so my advice is to go into everything if you are new so you can learn what prices buy you, what rents are being charged and what is a fair amount to get, along with seeing the condition of a lot of places to understand if you can renovate some or should only look at turn key properties.. Find a good realtor and explain what you are looking for. Reading every book and running every analysis causes analysis/paralysis and you'll just spend time working numbers.