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Updated about 5 years ago,

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3
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Joey Wilson
  • Minneapolis, MN
0
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3
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First property in MPLS, whats next?

Joey Wilson
  • Minneapolis, MN
Posted

My wife and I have been interested in getting into real estate for a while, and one thing I knew for sure is we didn't want to pay retail. I started thinking "how are we going to find a property for a good deal, especially in this market!?" We have been renting for four years in a condo we love, 5 minutes from downtown Minneapolis. I thought, why not ask my landlord if he will give us a deal since i've spent $1400/month for 3.5 years already. It's a 1500 sq ft two level 2 bed 2.5 bath built in 2006. It got appraised at 215k and we ended up closing on the condo for 185k. So I felt like that was a blessing/win that he gave us a pretty good deal. 

That being said, this is the start to our journey and there are so many different routes we can go with real estate. Many experts have many different opinions, so my brain sometimes overloads with info lol, and the reason i'm writing this post is to network and get some feedback to maybe what you guys did next in my situation to have success moving forward!!?

Thanks so much for all the great info in the BP forums!!

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