November-30-2008
Filed Under (Investment Property) by admin

Looking for investment properties?
St Paul Minnesota is a great place to buy rental / investment properties.
Good areas to consider for higher rents and alot of renters out looking are:
Merriam Park
Town and Country
Macalester Groveland

There tends to be alot of students looking in these areas because of the number of colleges such as: St Catherine, Hamline, Concordia, St Thomas and Macalester.
We have found that students are good tenants, stay for at least a year and since parents typically pay the rent, there is rarely an issue with collecting rent on time.
The typical homes in this area available for rentals / investments are Single Family Homes and Duplexes. There are other options as well but keep in mind, if you get 5 or more units in a building, it will be considered a commercial building and therefore have different financing guidelines.

Do you want to get into the St Paul rental / investment property business?
Contact me today!

Jen McKinnon
Realtor / Investor
AGENT REFERRAL NETWORK
MN Real Estate Team

612.384.1073
jen[at]mnrealestateteam[dot]com



Comments

[...] admin wrote an interesting post today onSt Paul Rental / Investment Properties | Twin Cities Real Estate GalHere’s a quick excerptDo you want to get into the St Paul rental / investment property business? Contact me today! Jen McKinnon. Realtor / Investor AGENT REFERRAL NETWORK MN Real Estate Team. 612.384.1073 jen[at]mnrealestateteam[dot]com … [...]

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