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Updated over 8 years ago on . Most recent reply

User Stats

18
Posts
9
Votes
Zach Romashko
  • New Brighton , MN
9
Votes |
18
Posts

First Snow Fall!

Zach Romashko
  • New Brighton , MN
Posted

Today is the day we were all dreading... ok, maybe not everyone but I know I was. Here in Minnesota, the snow fell from the sky for the first time this winter. 

So my question is in regards to the market and how snow/ winter will affect it. I would really like to hear from some investors who have bought and sold properties where it gets cold and snows. 

Do the housing prices drop a significant amount? To the point where you really don't want to flip homes during the winter months? 

Is it a good time to buy a rental? And my last question, do rental rates go down/ is it hard to find tenants to rent to? 

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