All Forum Posts by: Wes Minks

I am looking at doing a fix-n-flip in the Twin Cities area. I'd love to hear people's thoughts on the market in Minnesota and connect with anyone with experience in this space. If there are agents/wholesalers on here who have worked with flippers or multifamily rentals, I'd love to connect with you as well. Thanks in advance everyone!

I am looking at doing my first Real Estate project in the Phoenix area soon. Just curious to hear people's thoughts... Is it a good time to do a flip or get a multifamily rental? What has been working best in today's market? Are properties cash flowing or are mortgage rates too high?

I am planning on doing a flip or a build in Phoenix in the next one to two years. I'd love to hear people's thoughts on the current market and any success/fail stories in the Phoenix area. Thanks in advance!

Hey Jacob!

I am in a very similar situation as you, so it's cool to see someone who's like-minded. I am currently going to college in Phoenix and I am also looking to possibly invest somewhere in the college area. I have heard that house hacking is one of the best ways to get started, so I think your head is in the right place. I also really like your idea of purchasing one property each year until you have 3 rentable properties. There are always going to be college kids looking for somewhere to live off-campus, so vacancy rates should definitely be consistent during the school year. I don't know much about the area, but maybe you could convert the properties into STRs during the summer to lessen your vacancy rate.

 I am just starting out myself, so I can't give you too much advice, but I wish you the best of luck on your journey!

Hi! My name is Wes and I am 19 years old going to college here in Arizona. I am from Minnesota and I've grown up working in the trades and being around construction. Real estate has always intrigued me so I've spent the last year or two learning as much as I can about REI. I want to get my first property as soon as I can, but I'm not exactly sure where to start. My long-term goal is to own multifamily/ apartment complexes, but for or now, I just want to get in the game however I can. Whether that is house-hacking, STRs, or fix-n-flip, I am hungry to learn and willing to do whatever it takes. The areas I would like to focus on are Minneapolis and Phoenix. I would love to hear people's thoughts on which market I should focus on, and what strategies have been working in those areas. Thanks!