All Forum Posts by: Casey Andersen

Thanks for the feedback!  

Mine is a college rental and students often don't know their move-out plan until the moment of.  Our lease doesn't specify a time they need to be out, but I think that's smart to use in the future.  I'll also be building in a couple days of vacancy;  lesson learned.

For this circumstance I agree I need to be as communicative as possible, looking for a cleaner with a night crew, and crediting the first days rent if we're cleaning day of.

I will be transitioning tenants at the end of the month, with a new lease starting on the 1st.  I learned that the current tenants will stay until the 31st but I don't trust their cleaning skills!  Now I'm regretting that I didn't allow a day or two in-between for professional cleaning.  Any ideas on how to handle this?

Eric, thanks for the info on the Limited Broker license.  I did a little more research on this and it requires no education, but you can only represent yourself or if the license is in the name of a company you can represent that company.  As I understand, if you want to purchase more than 1 property, and hold them as separate LLCs or entities, then you need to apply for a separate license for each entity.  It's a $180 license fee.

Thanks for the the ideas.  This will be a good start to research.

I'd like to get my real estate salesperson license (in Minnesota) for the advantage of our own investments.  I like the benefit of access to properties and saving commission for fix and flip properties.

I'm looking for advice on finding a broker to carry my license.

I don't intend to be a high producing / active salesperson, so I'm wondering if there are brokers that don't mind this relationship?  Are there any brokers that have lower fee arrangements to carry the license?  What should I expect in terms of cost?

Thanks!