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7 April 2020 | 4 replies
What kind of things can I do on social media to start with 0 followers and build it up in the market I'm targeting (Minneapolis/St.
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5 April 2020 | 6 replies
That’s going to decrease the vacancy rate and increase rent on the vacancies that do exist.”A record number of 74,021 Floridians filed for unemployment for the week ending March 21.The top five high-risk metro areas with a large population deemed to work in “non-essential” industries includes: Las Angeles with 25.5% of its population, Orlando with 16%, Miami with 15.9%, Riverside with 14.3% and Oklahoma City with 14.1%.The metro areas with the smallest population deemed to work in “non-essential” industries includes: Minneapolis and Boston with 9.6%, Detroit at 9.4%, Milwaukee with 8.4% and San Jose with 7.7%.
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14 April 2020 | 6 replies
Of course, the winters in Minneapolis aren't easy on houses, but I assume builders in this region are well aware of what it takes to build stable buildings for the environment.
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3 April 2020 | 3 replies
A Minneapolis lender, Pine Financial uses a 70% loan-to-ARV method, (for simplicity) if the projected value of the home after it is fixed up is $100k, they would lend 70% of that ($70k) for both acquisition and rehab.
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10 April 2020 | 9 replies
But, I believe urban areas, like Minneapolis/Saint Paul where I am, will see a large temporary loss of STR inventory, and most of that loss will be from the bottom of the barrel, because they aren't profitable enough to justify the risk, but the highest performing STRs will of course stick around, because they're doubling or tripling income from LTR.I also own a duplex in Rochester, MN a few blocks from Mayo Clinic, that I'll be putting half of onto airbnb when it's done (I wish it was ready so I could help some healthcare folks out).I think it's like most industries though, the most robust and efficient businesses will withstand this crisis, while the weaker, unfortunately, might not.Just to predict, I think across the airbnb platform we'll see a temporary (maybe up to a year after the crisis comes to an end) drop of inventory around 10-15%, but I think bookings will drop by less than that amount (after the quarantines stop).
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25 February 2020 | 24 replies
He has a management company and is very knowledgeable in the greater Minneapolis market.
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16 March 2020 | 8 replies
I'm an investor and agent based out of Northeast, Minneapolis!
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27 February 2020 | 9 replies
@S Cutsail Minneapolis, born & raised.One day I’ll get the opportunity to tell my story on how The Lord God Almighty led me to Real Estate & it changed my life!
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29 February 2020 | 2 replies
I am a 20 year old college student from Minneapolis.
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19 March 2020 | 13 replies
I’m looking to move to MN and already started to look for my first purchase. Any ideas on which local lending banks for first time investor?