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All Forum Posts by: Garrett Schmidt

Garrett Schmidt has started 2 posts and replied 6 times.

Post: Rural Rental Properties

Garrett SchmidtPosted
  • Minnesota
  • Posts 6
  • Votes 15

Has anyone ventured into owning extremely rural rental properties? I am thinking about rentals in towns <2,000 people. Have you had success? Was there a fear of not finding renters at all? Obviously, real estate is cheaper in this area; however, I am not sure if the demand would be there to make it worthwhile.

Let me know your thoughts

Post: Multi-Family Market Suggestions

Garrett SchmidtPosted
  • Minnesota
  • Posts 6
  • Votes 15

@James Wise awesome info, thank you!!

Post: Multi-Family Market Suggestions

Garrett SchmidtPosted
  • Minnesota
  • Posts 6
  • Votes 15

@Daniel Anshus good point! In general, what do you think the implications of COVID are going to have on colleges? More and more majors just survived without needing in person classes, could this mean less students actually moving to university campuses?

Post: Multi-Family Market Suggestions

Garrett SchmidtPosted
  • Minnesota
  • Posts 6
  • Votes 15

@Noah Chappell that’s what I’ve been looking at the past few days. Willmar and Morris have caught my attention. Willmar being a working class town and Morris because of the college

Post: Multi-Family Market Suggestions

Garrett SchmidtPosted
  • Minnesota
  • Posts 6
  • Votes 15

@Marcus Auerbach not necessarily wanting strong appreciation or to ‘get rich quick’. Rather I would like to get my feet wet in investing out of state before I take a deep dive with multiple properties and higher prices.

Post: Multi-Family Market Suggestions

Garrett SchmidtPosted
  • Minnesota
  • Posts 6
  • Votes 15

Looking at purchasing duplexes and triplexes in Midwest markets. What markets have you had success in? I’m looking at properties 120K or less. Open to any and all suggestions, tips, ideas and connections. Thank you!