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Updated almost 5 years ago,
What part of Minneapolis & St Paul are best for investing
Hey BP, I’ve been tasked with building a portfolio from scratch for a couple guys. When I built my portfolio I started in the suburbs and moved to some out state markets that have become my niche. The prices in these smaller markets have doubled over the last couple years and I’m afraid to put these guys in markets with limited upside do to location. I have a couple rentals in north Minneapolis and I have flipped homes in Both Mpls & St. Paul, but I wondered if anyone who lives, invest, or flips in these neighborhoods has an opinion as to where they would begin their portfolio.
n Minneapolis
frogtown
Phalen
North end
Greater East
West
Highland park
These seem to be the neighborhoods where you can find some inventory near a 100k and make a little cash flow. Does anyone have a preference? For whatever reason investing for others has been a lot more stressful than investing in my own real estate.