How I turned $17,000 into $30,000 every year using the 1031 Exchange
Sunday, February 28
I had an emotional day a few weeks back when I sold my very first rental. A young man who had just gotten out of jail needed to sell the property, and even though I wasn’t necessarily looking to get into real estate, I agreed to pay $17,000 for it. The property was already occupied by a tenant ...
How To Save Money When Hiring A Real Estate Agent in Minnesota
Wednesday, February 12
Many first time home buyers have no clue how real estate agents are compensated. Many first time home buyers needlessly worry about how much they will have to pay their real estate agent. The answer is nothing. The home seller incurs all of the cost associated with realtor compensation. The r...
5 Things to Look For When Buying a Rental Property In Minnesota
Friday, February 07
Selecting a rental property in Minnesota is becoming far more difficult than in was in the past. Investment prices have risen thanks to Minnesota’s strong economy, lack of affordable housing, and high demand. Now, more than ever, investors need to do their homework prior to their purchase. As ...
What is Turn Key Investing and why Minnesota is a Great Market For it!
Tuesday, January 28
Turnkey investing gives individuals the opportunity to purchase, hold, and grow a real estate portfolio with a hands off approach. The Midwest, and states like Minnesota, are the envy of the county when it comes to investing in single family homes. The Midwest features the best purchase price t...
10 Reasons you should hire Property Management
Friday, January 24
Owning rental property in Minnesota can create life changing wealth. Best of all, this wealth is paid for by the renter, and not the investor. Other people will not line up, fill out applications, undergo screening, and respond to ads to fund your IRA, pay for your children’s education, or pay ...
The struggles of being an entrepreneur and starting a new business
Monday, January 06
I took a job as a 22 year old 100% commission salesman. I didn't realize that I was now a business owner until I discovered that I had no business. I had bills, student loans, and things that I wanted, but what I was missing was an income. I didn't know it then, but that's the day I became an ...