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All Forum Posts by: Jay Lohn

Jay Lohn has started 7 posts and replied 159 times.

Post: New future REI to Minneapolis

Jay Lohn
Posted
  • Real Estate Agent & Investor
  • Champlin, MN
  • Posts 179
  • Votes 43

@Jared McKie Welcome to the site, it seems like you have a nice plan laid out.  I have been investing in the Twin Cities since 2008 and would be happy to answer any questions you might have when you are ready to get started.  Good Luck!!!

Post: I am moving. Should I sell my current house or rent it out?

Jay Lohn
Posted
  • Real Estate Agent & Investor
  • Champlin, MN
  • Posts 179
  • Votes 43

where in buffalo is your property, I went to high school in buffalo?

Post: I am moving. Should I sell my current house or rent it out?

Jay Lohn
Posted
  • Real Estate Agent & Investor
  • Champlin, MN
  • Posts 179
  • Votes 43

what is your cash flow breakdown per month vs. the net gain you could get on the sale of your property?

Will you have any problem getting approved for financing on your new place if your were to hold on to your current property?

Post: I Am Still Learning in Minneapolis, MN

Jay Lohn
Posted
  • Real Estate Agent & Investor
  • Champlin, MN
  • Posts 179
  • Votes 43

Hi @Albert Hoffman welcome to BP!  Plenty of good tools on her and people in the local area.   Let me know if you have any questions that I can help you with?

Post: I am moving. Should I sell my current house or rent it out?

Jay Lohn
Posted
  • Real Estate Agent & Investor
  • Champlin, MN
  • Posts 179
  • Votes 43

I am with Marc on this one $1350 sounds way to low for a rental in Minnetonka.  Call renterwarehouse.com and they will be able to give the accurate rent rate in a minute.  Then you can have accurate numbers to help influence your decision.

Post: Minneapolis Rookie - Looking to connect & learn!

Jay Lohn
Posted
  • Real Estate Agent & Investor
  • Champlin, MN
  • Posts 179
  • Votes 43

Welcome back hope you are ready for the winters again.  I would be to talk investments and would like to learn more about your video production.  In need of getting a video produced.

Post: South Minneapolis - Along the Hiawatha light rail line down to the airport

Jay Lohn
Posted
  • Real Estate Agent & Investor
  • Champlin, MN
  • Posts 179
  • Votes 43

Contact renterswarehouse.com they will give you an exact quote of what you will get for rent and they can manage the place for $80.  They own the market up here.

Post: Newbie from Minneapolis MN

Jay Lohn
Posted
  • Real Estate Agent & Investor
  • Champlin, MN
  • Posts 179
  • Votes 43

@ Joshua Johnson welcome to BP.  I am an investor/realtor/inspector & property manager in the Twin Cities.  I have been doing it since 2008, flips & rentals.  Currently own many long-term rentals and manage many short term rentals.  I will be happy to answer any questions you have and give you any guidance you are looking for.

Post: Is it worth becoming a certified home inspector

Jay Lohn
Posted
  • Real Estate Agent & Investor
  • Champlin, MN
  • Posts 179
  • Votes 43

As an investor and certified home inspector I would recommend using http://www.ahit.com/index.htm you can study at your own pace and be fully certified for around $1000.  I did it because as you mentioned I wanted to know what I am looking at when evaluating new deals and as a previous poster mentioned that each inspection is $300 - 400 so in three deals you will have paid for your education.  You will have all the reference materials from your course and a lifetime online support function, not to mention inspection software that comes with the course.