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All Forum Posts by: Bjorik Mutize

Bjorik Mutize has started 20 posts and replied 524 times.

Post: Update on our 20-Unit Apartment

Bjorik MutizePosted
  • Real Estate Broker
  • Minneapolis, MN
  • Posts 530
  • Votes 397
@Tony Castronovo Congrats! Excited to hear the further progress. Where you sitting at 100% occupancy at purchase?

Post: 25 units at 24 years old - What I've learned

Bjorik MutizePosted
  • Real Estate Broker
  • Minneapolis, MN
  • Posts 530
  • Votes 397
@Axel Ragnarsson I am very motivated by this post. Awesome to hear others of a similar age crushing it, and hope to be where you are soon! Cheers

Post: bank won't let me transfer to LLC

Bjorik MutizePosted
  • Real Estate Broker
  • Minneapolis, MN
  • Posts 530
  • Votes 397
@Mike S. Never heard of this before. Thank you for your reply!

Post: How old is too old to buy a house?

Bjorik MutizePosted
  • Real Estate Broker
  • Minneapolis, MN
  • Posts 530
  • Votes 397

Not uncommon to see homes in my market with a built date starting from 1880's. Just require more analysis of the skeleton of the property and an in-depth inspection. These can pose to potentially have of problems but a lot of investors in my area are still purchasing such properties, probably by expertise in knowing what to expect in older homes.

Either way, i would pay attention more attention to products built in the 1920's than those built in the 1990's etc. I personally don't have a specific time frame but i'm excited to see other replies.

Cheers

Post: Good thank you gifts for a valuable realtor after closing?

Bjorik MutizePosted
  • Real Estate Broker
  • Minneapolis, MN
  • Posts 530
  • Votes 397
@Pierre A. Agreed with all posts above. A nice card and also a great review. Sounds like you have a catch of a realtor!

Post: How do you get money to buy your first multi family dulplex

Bjorik MutizePosted
  • Real Estate Broker
  • Minneapolis, MN
  • Posts 530
  • Votes 397
@Dakari Mitchell Save Money, Raise money!

Post: Should I lower the rent?

Bjorik MutizePosted
  • Real Estate Broker
  • Minneapolis, MN
  • Posts 530
  • Votes 397
@Brian Ellis saw you just lowered it. Just out of curiosity, what does your inquiry volume look like now?

Post: Who's Been Swimming Naked?

Bjorik MutizePosted
  • Real Estate Broker
  • Minneapolis, MN
  • Posts 530
  • Votes 397
@Phil McAlister this is an awesome post. Are you investing currently?

Post: First Flip Almost Complete

Bjorik MutizePosted
  • Real Estate Broker
  • Minneapolis, MN
  • Posts 530
  • Votes 397
@David Olson this is incredible. As far as the credit cards, would you do it again? Congrats on the awesome flip btw!

Post: How did you know you were ready to start?

Bjorik MutizePosted
  • Real Estate Broker
  • Minneapolis, MN
  • Posts 530
  • Votes 397
@Tiffany Milan I would say...I just had enough understanding for every platform I stepped on, then I began right back into an area of unknown. I remember i day I closed on my first property, in one of the following afternoons I sat in the vacant, needing to be renovated, upper unit of the duplex for about 45 minutes asking myself what the hell am I doing. Then you just learn and continue!