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Updated over 2 years ago on . Most recent reply
Thoughts on the Minneapolis Market?
For investors in Minneapolis: What are your thoughts on the current Minneapolis real estate market? What are your goals, and what strategies are working well for you to reach those goals? Where do you see the market moving in the next 5 years, and how are you compensating for it?
Personally, I'm looking to buy my first househack in Minneapolis in the next two years, but I also want to learn about what is working for people in Minne, whether its MultiFamily, SFH, Commercial, etc.
Thanks for your time and I look forward to your responses!
AJ Smith
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- Rental Property Investor
- St. Paul, MN
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Originally posted by @Troy Warling:
I'm a new guy looking to begin with a SFH as a start. In that regard, sounds like North Minneapolis is a good place to start looking. Really appreciate everyone's input on this subject!
There is a reason why certain areas are cheap. Look at the income levels, crime rates and other trends in neighborhoods prior to investing. I am not going to tell you to invest in a certain area or not, but just that you need to understand where you're investing