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Updated over 5 years ago on . Most recent reply

User Stats

38
Posts
14
Votes
DuBois Othero Toy
  • Chicago
14
Votes |
38
Posts

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 ?

Most Popular Reply

User Stats

8
Posts
8
Votes
Ian Hall
  • North Dakota
8
Votes |
8
Posts
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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