What is the General Consensus on Investing in Montana?

[Meghan Andersen]

Aspiring fix and flipper wondering what the outlook on investing in this area (Missoula, Montana) from an investor's stand point! What are the things that are stopping you? What are the things that draw you to this area! What are you looking for out of an investment deal (aka % interest, profit, etc.)?! How do you prefer to be approached about possible investments? 

Thank you for the advice!

[Jeremiah Purdum]

I think it is hard for the numbers to work here in Missoula. If you work hard enough at it I'm sure you can find some decent deals out there, but so far the price points I've found and the repair costs and ARV don't leave much room for a fix in flip to pencil.

That being said, I haven't been looking as much recently, building my own residence, as well as starting my handyman business have taken most of my time and $. I'm going to be looking for a fix and flip or BRRR in the next 6 to 12 months, but I think it will take a lot of research and knowing your numbers. I'll be doing most of the work myself and have a friends in the contracting space to rely on. Finding the deals in Missoula is where I think the money is made.