All Forum Posts by: Max Tedford

Thank you all for the feedback! @Jordan Moorhead I'll PM you separately.

I'm curious whether anyone in the Minneapolis/St. Paul metro area has any recommendations for an investor-friendly realtor that is particularly tuned into the market for SMFs? My wife and I don't live in the Twin Cities, but we have family in the area and visit often, so we've decided to expand our portfolio there and are starting to build a team in the area. Any recommendations from current Twin Cities investors out there?

I'm most familiar with the buy and hold rental strategy (that's what I did with my last property and is where the $100k came from), so that's the approach I'd feel most comfortable with, at least experience-wise.

I did that one with a conventional mortgage, 20% down. That feels like the most repeatable to me given my relative novice level, but part of my motivation for posting was to get some new ideas for strategies that might work better in this market, so it's definitely nice to hear that fix and flip has been a lucrative one for you thus far, @Mike Shahi!

I'm a relatively new RE investor that's looking to up my game. I've owned one rental property in DC previously that performed okay for me, but not great, and I think I can do better going forward (mainly thanks to this community and various forms of self-education). So far, DC seems to be one of the least forgiving markets for cash-flowing rental properties, and I'm not keen on the idea of speculating for appreciation, so I'm really curious what the hivemind thinks: if you were based in the DC area and had, say, a $100k bankroll, what would you do and/or how would you start?

One thing to note: While I'm not dead-set on investing locally here in DC, much of the advice I read/hear on BP and elsewhere suggests that relative newbies should stick to the market they know until they get their feet under them. I'd be happy to hear advice/success stories to the contrary, if going out-of-market early on has worked out for others.

Many thanks in advance for any/all feedback!