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  • Landlord snapping up Lauderdale’s single-family homes
    Investment Property

    Landlord snapping up Lauderdale’s single-family homes

    July 11, 2022 /

    Longtime resident Joe Taylor likes the city of Lauderdale so much that he has spent the past six years becoming one of its biggest landlords. During that time, Taylor has snapped up two duplexes and 25 single-family homes, which he has since converted to rental properties in this hamlet bordering Minneapolis and St. Paul. Taylor’s spending spree has raised some alarms among the city’s 2,600 residents and city officials. In an already tight housing market, they fear the loss of so many homeownership opportunities for young families by Taylor and other potential investors will forever alter the character of their city. “Lauderdale is a great place to live. Our housing…

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    Jerry Schmidt Comments Off on Landlord snapping up Lauderdale’s single-family homes

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