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All Forum Posts by: Matt Wignall

Matt Wignall has started 5 posts and replied 11 times.

Post: Duluth, MN / Superior, WI - STR guidance

Matt Wignall
Posted
  • Superior, WI
  • Posts 11
  • Votes 5

Hello all! First time poster here. In the last 6 mo. I have acquired 3 properties, all 3 have signed 1 year leases and I just accepted a new job in a different state(2 hours away) increased W2 job by over $20k per year. My 3 rentals will be managed. Have 2 Mortgages and one HELOC I am trying to re-do after BRRRR'ing.

I am trying to purchase a property in the Duluth, MN/Superior, WI area. I am open but this will be my primary home and right now am not looking for a project, more of a plug and play option for the next year or so with the future plan being a rental either STR or LTR.

Anyone from the Duluth/Superior are that has knowledge in STR? I know Duluth is very strict and is very tricky as they only allow 60 permits in town but in certain townships it's ok. I would appreciate any advice or guidance!

I am open to ideas and thank you in advance for your ideas and thoughts!

Thanks!