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Updated almost 2 years ago on . Most recent reply
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North Minneapolis investing
I was just wondering if there's anyone in this group that is currently investing in the North Minneapolis area. As we all know North Minneapolis is not known to be very nice. But I have noticed that there is demand for many people to use their Section 8 vouchers. If there is anyone investing in North Minneapolis do you believe that you could get full fair market rent in that area with a fairly nice property or is it not worth the hassle of having the rough area and tenants. Any and all advice would be greatly appreciated thank you
Most Popular Reply
N. Minneapolis is a tougher area to invest, so you definitely want to work with people having strong experience in that area. I see@Grigoriy Gorshteyn already reached out, and definitely suggest you talk with him. His company can do end-to-end for investors -- from buy to manage to sell. He and his team at Algo Realty are extremely knowledgeable about N. Minneapolis, and handle a large number of properties there.