I'm Alen, and I'm a new real estate investor looking to connect with some like minded people. I live in a pretty rural area and I am considering trying to wholesale some properties(local or otherwise) in order to raise enough capital to begin purchasing rental properties. My area has relatively lucrative SFR rental market since the purchase prices of homes in the small towns around here(Redwood Falls, MN) are quite low compared to anything in the Metro. There are very few single family houses available for rent and the ones that are available, are quickly filled with eager tenants. Any other investors in southern MN looking to connect?
Alen, welcome!! I'm not in MN, but it sounds like you have found a niche market for rentals when you have built up some funds from wholesaling!
I am in the Metro. Makes sense as not much rentals since the prices are low and people typically just buy. But definitely got to be lots of people looking into renting. Good luck with the investing.
@Alen Helmer how’s it going investing out that way?
Welcome, @Alen Helmer . I look forward to connecting with you.
I'm in Central MN I'm buying houses like these. A few rentals in, so far so good.
What towns are you investing in?
I live outside of St Cloud. Looking to invest locally since at this point we're the property managers. Anything with 40 miles of that.
Hi @Alen Helmer , I'm invest in a couple multi-family properties over in the Granite Falls area. It's nice to see someone from the area on BP.
I'm looking to invest in a owner-occupied multi-family property within 1 hour of Minneapolis. I'm interested in learning about others' experiences.