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Updated about 5 years ago on . Most recent reply

Fertile Minnesota Real Estate
Hey my great grandmother passed away 6 months ago or so and her house a SFR in Fertile Minnesota has been inherited by her 5 living children. I am considering it as an investment property because I know I could probobly get a significant discount as a family member. A cousin of mine lives there for free at the moment and due to some family drama I am not involved in, the house has not been sold or listed on the MLS wich was their origional intent. Keeping the property in the family would be good and I assume welcomed. If anyone has any familiarity with Fertile, MN and the surrounding area lets talk about the market!!!
Most Popular Reply
I don’t know that market as I stick close to home. You think a cousin that’s currently living there for free would be a good tenant? Search on here about renting to friends and family.
Best to take the money from the sale and invest close to where you live.
Perhaps others will chime in about Fertile, but unlikely. Thats a really small market, population under 1,000.