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Updated almost 11 years ago on . Most recent reply

User Stats

47
Posts
2
Votes
Tony G
  • Rehabber
  • Minneapolis, MN
2
Votes |
47
Posts

how's the real estate market in mn

Tony G
  • Rehabber
  • Minneapolis, MN
Posted

I'm thinking of getting my real estate license in minnesota, and I'm curious if it's a good idea b/c of the inventory being low? Are there a lot properties out there to flip or rentals w/ decent cash flow and returns left?

I see myself more as a buyer's agent. I currently have 2 investors that have a good deal of capital to invest either in flips, rentals, or commercial and looking to purchase. I'd be interested in collaborating w/ an experienced investor agent in the area.

Most Popular Reply

User Stats

281
Posts
94
Votes
Marcus Johnson
  • Investor
  • Apple Valley, MN
94
Votes |
281
Posts
Marcus Johnson
  • Investor
  • Apple Valley, MN
Replied

I live in Minnesota and right now there isn't much that ready to be rented that would give you high cash flow or come close to the 2% rule unless you go into poorer neigborhoods.

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