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All Forum Posts by: Markell C.

Markell C. has started 3 posts and replied 6 times.

Post: Renters in Minnesota

Markell C.Posted
  • Minneapolis, MN
  • Posts 6
  • Votes 1

@Tim Swierczek thank you! I just posted on there, so hopefully I have some luck! & yes, I think I do need to update the pictures. I’m currently using the ones that weee used when I bought the property a year ago. (Previous college tenants)

Post: Renters in Minnesota

Markell C.Posted
  • Minneapolis, MN
  • Posts 6
  • Votes 1

@Daniel Anshus I have it priced at $2400 & this is what my description looks like :

Classic West Richfield 4 bedroom,

2 bath rambler!

- Located just blocks from

Southdale.

Convenient to Downtown and the

airport.

- Easy busline commute

- Three bedrooms on the main

level with hardwood floors

- Finished lower level includes

family room, 4th bedroom with

egress window and second

kitchen.creates great roommate

options!

- Large 2 car detached garage.

* Loads of updates: 2019,

Basement refrigerator, 2018 new

furnace and AC, 2009 new roof.

No pets allowed

Tenants pay utilities

Looking for either October 15th

move in date or November 1st!

I know it’s my first rental property & maybe I’m asking too much (it would be a cash flow of like 400 at the current asking price). I guess I’m not quite sure how low I should go.

Post: Renters in Minnesota

Markell C.Posted
  • Minneapolis, MN
  • Posts 6
  • Votes 1

@Steven Marttinen thank you! I posted on there but maybe I need to adjust my asking price.

Post: Renters in Minnesota

Markell C.Posted
  • Minneapolis, MN
  • Posts 6
  • Votes 1

Anybody from Minnesota have any tips on finding renters? I had someone back out last minute & I’m already in the process of buying my 2nd property. I’ve tried Facebook Marketplace & Apartments.com with no luck. I’m kind of in a desperate state at this point. Any tips will help, thanks!

Hey guys,

I’m a first time landlord about to screen my first tenant. With so many options on the internet, I was wondering what is the best site to use to screen a tenant? I’m sorry if there is already a post about this.

Thanks in advance!

Post: First time home buying questions

Markell C.Posted
  • Minneapolis, MN
  • Posts 6
  • Votes 1

Hey everybody,

I’m a 25 year old, new to the RE game, looking to buy a rental property with my father (preferably a duplex so we can house hack). My credit is between 730-755, and together we have about $12,000 saved up in cash.

My father recently ran his numbers with US Bank (I ran numbers with QuickenLoans last year and wanted to gain more knowledge before running my credit again). I’ve been doing research (YouTube, BP, these forums, ect).

I guess I'm wondering where I should begin or what programs (FHA, NACA, Conventional, ect) people would suggest going with/looking into. We don't mind living at the property for a 1+ years.

Also, should I run my numbers before or after talking to an agent?

Thanks to everyone in advance!