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All Forum Posts by: Quintin F.

Quintin F. has started 2 posts and replied 5 times.

Post: Rochester Minnesota

Quintin F.Posted
  • Bennington, NE
  • Posts 5
  • Votes 0

Brant, thank you for the reply. MLS alerts would be great. I guess I would consider single family homes here since there seems to be a lack of relatively newer multifamily homes on the market. What price point do you aim for with your single family homes here? I assume you stay close to St. Marys given the target of residents/fellows coming in.

Chloe, thank you for the reply. Always on the hunt for a good property, or something to at least crunch some numbers on!

Post: Rochester Minnesota

Quintin F.Posted
  • Bennington, NE
  • Posts 5
  • Votes 0

Brant, do you do single family homes or 2-4plexes? Is there a good resource for looking at listings for 4plexes? What property management company do you work for? We are up here now, will be for at least 5 years.

Post: Rochester Minnesota

Quintin F.Posted
  • Bennington, NE
  • Posts 5
  • Votes 0

Thanks Ned. I appreciate the advice!

Post: Rochester Minnesota

Quintin F.Posted
  • Bennington, NE
  • Posts 5
  • Votes 0

Anyone know how the rental property market is doing in Rochester MN? I was looking for potential investment opportunities up there since I will be moving there for a few years, but didnt see much available on the market in terms of fourplexes.
I am new to the biggerpocket community, so maybe there are better resources available that I am unaware of regarding searching for such properties. Thanks

Post: Carrying real estate debt

Quintin F.Posted
  • Bennington, NE
  • Posts 5
  • Votes 0

We are about to begin the process of purchasing our first home and I was hoping for some insight into the pros and cons of getting a 15 yr fixed mortgage with the following scenarios: 1) minimum down payment, and make minimum monthly payment vs 2) put significant down payment and pay off the house in 5 yrs by putting an extra 500$ toward monthly payments. We would be selling in 5 years, and we make good incomes, so I thought carrying some debt make be beneficial. Thanks for any input.