Looking to invest in Rochester and other small cities outside.

[Charlie John]

Hey everybody,

I am considering deploying marketing to the Rochester and other small southern MN cities. I am looking to connect with investors doing deals down there. My goal is to ultimately find brrrr deals. I will also buy and resell (wholetail) if it makes more sense. The last two deals I've done we're flips and my purchase plus rehab was 52% and 45% of ARV. I do have access to capital to do this but always looking for new relationships.

I am having success sending direct mail up here in the cities but know the market is very saturated with other investors/realtors doing similar mailings. I feel like Rochester and other cities may not have as much competition. Any opinions there??

Anyway, I am skilled at marketing, negotiating great deals, good design/construction and looking forward to driving down there to check what southern mn has to offer. Thought it would be a good idea to see what other people are doing in those markets. I like the idea of investing away from home but not too far away, because it will force me set up systems. Thanks y’all!!

[Jessica Grewe]

I live in Rochester and belong to an active investor group in Rochester MN. We have lots of wholesalers come to town and move on it seems like because our town doesn't have enough deals or is too small of a market.  We are just like the Twin Cities with having a lot of competition.  It seems like it is all about who you know.  We have bandit signs all over the place and these people are active members in our investor group and they have had hardly any luck and some none at all.  A lot of investors also are doing direct mail campaigns some are also heavily involved in our investor meetings.  I personally have gotten 3 letters/post cards this year. I don't want to deter you but want to give you the facts and what is happening here.  I wish you the best of luck.  I would love to be a buyer if you were to come across some deals in Rochester.  I have yet to find a deal from a wholesaler in Rochester MN.