New Member starting out in Duluth, MN

[Kalli Alexandrou]

Hello, 

I'm in the early stages of purchasing a multi-family unit in Duluth, MN and begin real estate investing. I absolutely love my job managing a restaurant and hope to steadily increase my cash flow through investing in properties. The goal is to house-hack for a few years and then move onto bigger investment opportunities. I've been reading through forums, listening to podcasts and learning a bit more every day. If anyone has any advice for a beginner I would appreciate it! Specifically in the Duluth market - would it make sense to jump on the Lincoln Park bandwagon? Currently I don't imagine it brings in ideal tenants, but think it could be very lucrative in 3, 5 or 10 years down the line. 

[Michael Schraepfer]

Hey Kalli!  

Good luck, Duluth is a great place to invest!  Happy to grab coffee if you'd like sometime and help where I can!  Heirloom will be hosting a regular local investor focused meet-up starting in May when we move into our new office space.  We've already got a series of guest speakers and sponsors lined up.  I'll be sure to message you closer up, but at least there is a local event for investors on the horizon!

Cheers!