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Updated over 5 years ago on . Most recent reply

DuBois Othero Toy's profile image
DuBois Othero Toy's profile image
DuBois Othero Toy
  • from Chicago
  • Member since Nov 13, 2019
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DuBois Othero Toy's profile image
DuBois Othero Toy's profile image
DuBois Othero Toy
  • from Chicago
  • Member since Nov 13, 2019
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DuBois Othero Toy
  • Chicago
14
Votes |
38
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Starting Out

Closing first deal soon, Need advice, please!

DuBois Othero Toy
  • Chicago
Posted

I'm in minot North Dakota and I'm looking and fixing up a property and using it as a rental. Any tips or tricks for me ?

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Ian Hall's profile image
Ian Hall's profile image
Ian Hall
  • from North Dakota
  • Member since Aug 17, 2018
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Ian Hall's profile image
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Ian Hall
  • from North Dakota
  • Member since Aug 17, 2018
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Ian Hall
  • North Dakota
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Ian Hall
  • North Dakota
Replied

You make your money when you buy. Minot is a buyer's market right now so take your time but hurry up. Lot's of low lying fruit from the tree so you just as well take you time to calculate all your numbers a couple times and run it through local references at your bank. Purchase for cash flow because property value appreciation is probably 8 to 10 years away in the rental market

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