Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > Minnesota > Minneapolis - St. Paul
 [Register]
Minneapolis - St. Paul Twin Cities
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
Old 02-01-2011, 12:55 AM
 
2 posts, read 2,403 times
Reputation: 10

Advertisements

I am moving back to MN next year (yay!) after spending several years in Dallas. I plan on going back to grad school and would love to invest in a duplex or triplex within the next year. Any investors out there with advice on good markets in the MSP area? I am not necessarily concerned with price, but occupancy and rent/expenses. I want it to be in a safe neighborhood as I would be living in part of the property. I would like to have it a reasonable (15-20 min max) drive from school which will hopefully be in St. Anthony. All comments appreciated!
Reply With Quote Quick reply to this message

 
Old 02-03-2011, 11:23 AM
 
Location: Twin Cities
5,831 posts, read 7,704,608 times
Reputation: 8867
I have no first hand knowledge of this, but a friend of mine owns a number of multi-family buildings in Minneapolis. He tells me that they have been more difficult to rent the past couple of years and rents have been very stagnant. He believes the reason for this is that people would rather rent one of the large number of single family homes that have come onto the market because of foreclosures and a generally slow real estate market over an apartment or duplex.
Reply With Quote Quick reply to this message
Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Settings
X
Data:
Loading data...
Based on 2000-2020 data
Loading data...

123
Hide US histogram


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > Minnesota > Minneapolis - St. Paul
Similar Threads
View detailed profiles of:

All times are GMT -6. The time now is 10:32 PM.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top