All Forum Posts by: Jay Lohn

@Mark Anderson

Welcome to BP, I am local so let me know if you have any questions?

Also I would recommend reading (Crash Boom!: Make a Fortune In Today’s Volatile Real Estate Market, By Greg Rand)

@Brandon Turner

Unfortunately on I am on the east coast until Monday,  If you are still around town then I have plenty of property to show you around the Blaine area as I have property in Big Lake, Andover, Ramsey, Coon Rapids and Champlin.

If you will be I would be happy to show them to you?

@Brandon Turner

I would be happy to show you nay of my properties in the NW metro of Minneapolis/St. Paul market, I currently have 14 units that can be toured.

I would move on and get new tenants, we are in the prime time rental season.  Use renters warehouse to show and screen your new tenants, they will warranty the tenants and usually have your place re-leased in under 10 days.  It will be a lot less wear and tear on your unit.

@Sean Orourke

Feel free to ask me any questions you have or you can learn more about what my team help you out with at http://tc-investments.com/

@Lorenzo Bernasconi

You have a bit of an arbitrary question,  I would backwards plan out your goals and then it will be a lot easier to find out if the area is fitting your threshold.  i.e I want to buy only single family vs. mutli family in the suburbs, I need to have 20% cash on cash returns, and cash flow more than $300+ per unit.

I would stay away from there only going to lead to headaches.  Just because the price looks good doesn't mean it is a good deal, it is the same as buying $500 houses in Detroit, they come with a lot of problems you might not have though about.

5 Things To Know Before Buying A $500 House In Detroit

@Dominic L.

http://www.padmapper.com/ is a good resource as it links to current rental ads on Craig's list, apartment finder, etc.

@Douglass Belt

That is way too high, if it is a standard unit you should be paying around $85 a month.  If you need help getting another quote send me a personal message. if it is a town home it should be around $13 a month

@David S. 

Welcome to BP, I am local to the Twin Cities market.  Feel free to ask me any questions you have come up.