Archive for June, 2010
Free Investment Property Seminar
[ July 20, 2010; 6:30 pm to 8:00 pm. ] From his experience of owning 15 rental properties, Ryan O’Neill will teach you a concrete way to build wealth through real estate. This seminar will be a one and a half hour presentation and an excellent opportunity for you to learn more about our process: how you get pre-approved, what type [...]
| July 20, 2010 | ||
| 6:30 pm | to | 8:00 pm |
From his experience of owning 15 rental properties, Ryan O’Neill will teach you a concrete way to build wealth through real estate. This seminar will be a one and a half hour presentation and an excellent opportunity for you to learn more about our process: how you get pre-approved, what type of loan product to choose, and then how we step you through the process of finding the property and helping you get it rented out.
Whether you are a beginner or an advanced investor, this will be a great chance for you to learn more about how you can build your long term wealth through buying real estate. Again, all of us at www.InvestmentPropertyGuys.com own rental properties. Our team leader, Ryan O’Neill owns 15 single-family homes, and our mortgage coach Rob Bonahoom has over 20 properties. All of us have experienced the benefits of real estate, and we’re excited to share a free seminar with you on how you too can get into the game (or continue on).
Register for the seminar here.
IP201 Seminar: Section 8 Tenants
[ July 27, 2010; 6:30 pm to 8:00 pm. ] Everything you wanted to know about Section 8, but were afraid to ask!
Would you love to get your rent check from the government on the first of the month, every month? Have you heard horror stories about Section 8 tenants, but wondered about what the truth is? How do you get your property ready for [...]
| July 27, 2010 | ||
| 6:30 pm | to | 8:00 pm |
Everything you wanted to know about Section 8, but were afraid to ask!
Would you love to get your rent check from the government on the first of the month, every month? Have you heard horror stories about Section 8 tenants, but wondered about what the truth is? How do you get your property ready for Section 8 and what is the process for being approved? Is Section 8 for you?
Come to this free 1 hour seminar to learn more about this process. We will explore the pros and cons of taking on tenants that have Section 8 and other subsidized rent. You will meet a property manager that currently manages 200+ rental units with 40% of those tenants receiving Section 8 or other subsidies. It will be held in Burnsville at 6:30.
Register for the seminar here.
Rehabbed Saint Paul Duplex Back on Market
My fantastic duplex listing in Saint Paul just came back on the market. We sold it just 7 days after listing it, but the buyer’s financing fell through. Check out the details:
Saint Paul Duplex
My fantastic duplex listing in Saint Paul just came back on the market. We sold it just 7 days after listing it, but the buyer’s financing fell through. Check out the details:
Flipping Market Update
Over the last 6 months, it seems that every new customer I meet wants to do flips. None of them want to talk about rental properties, they all want to flip houses. These are new investors that have never done it before and they have little if no expertise. It is amazing.
Unfortunately, now is NOT [...]
Over the last 6 months, it seems that every new customer I meet wants to do flips. None of them want to talk about rental properties, they all want to flip houses. These are new investors that have never done it before and they have little if no expertise. It is amazing.
Unfortunately, now is NOT the time to start flipping homes. The market is very fickle right now. One week the market is hot, the next it is cold. As I write this, it is very cold. All of my flip customers have houses that are sitting and most of these customers are experienced rehabbers.
You don’t want to be holding a property for months waiting for a buyer, all the while the interest is eating up your profit. Wait until the market firms up, then call me and we will take a shot at teaching you how to rehab and sell homes.
Fully Rehabbed Huge 4 Bedroom+ Home in NE Minneapolis
My customer just finished this rehab on one of the largest homes I have seen in Northeast Minneapolis. It doesn’t appear that large from the outside, but it is over 2200 square feet. It has 4 bedrooms plus a den with 2 bathrooms. It also has both a front porch and a back sunroom/porch.
Here is [...]
My customer just finished this rehab on one of the largest homes I have seen in Northeast Minneapolis. It doesn’t appear that large from the outside, but it is over 2200 square feet. It has 4 bedrooms plus a den with 2 bathrooms. It also has both a front porch and a back sunroom/porch.
Here is just a brief list of what was upgraded:
- New Roof
- New Windows
- Refinished hardwood floors
- Many walls and ceilings were re-plastered or re-sheetrocked to remove any imperfections and surface cracks.
- New bathrooms with tile floors, new fixtures
- New kitchen cabinets, counters, tile floors, and stainless steel appliances
- Everything was repainted
See more details here: 2922 Polk Street NE, Minneapolis.
North Minneapolis Property Owners Workshop
No charge for owners with property in North Minneapolis!
Where: 4th Precinct Community Room
1925 Plymouth Av. N.
Parking in the lot directly across the street, or nearby on avenues crossing Plymouth.
Time: 6pm to 8:30pm
Dates:
Thursday, June 17
Thursday, July 15
Thursday, October 14
(These are the same workshops, please RSVP for only one)
Topics: [...]
No charge for owners with property in North Minneapolis!
Where: 4th Precinct Community Room
1925 Plymouth Av. N.
Parking in the lot directly across the street, or nearby on avenues crossing Plymouth.
Time: 6pm to 8:30pm
Dates:
Thursday, June 17
Thursday, July 15
Thursday, October 14
(These are the same workshops, please RSVP for only one)
Topics:
ABC’s of Property Management – Presented by Jennifer Olsen with Guardian Property Management.
* Before you hand over the keys–Screening Applicants
* When things go bad–Lease Enforcement
* Terminating a tenancy–Eviction Process and Housing Court
Rental License Requirements of Owners Dealing with Criminal Activity – Luther Krueger, Crime Prevention Analyst
* Conduct on Premises notice process
* Management Plans and Workshops
* Working with the MPD on crime problem-solving in/around your property
Resources Available to Owners and Managers of Rental Property – Lisa Peilen, Minnesota Multihousing Association
Networking with other owners
* The last half hour will be set aside for Q&A, and those able to stay past 8:30 are welcome to keep up the dicsussion.
Space is limited to maximum 40 seated, please RSVP by June 15th to me for the June 17th workshop, and July 13th for the July 15th RPOW–include a current list of your Minneapolis properties. We are limiting this inviation to north side owners only and due to the high demand citywide will be adding 4 more workshops to fill in the schedule for 2010.
Luther Krueger, Crime Prevention Analyst
Strategic Information and Crime Management Division (SICM)
Minneapolis Police Department
3000 Minnehaha Av. S. + Minneapolis MN 55406
612-673-5371 + Luther [dot] Krueger [at] ci [dot] Minneapolis [dot] mn [dot] us
For citywide crime stats and MAPS link to: http://www.ci.minneapolis.mn.us/police/crime-statistics/codefor/
For your first contact regarding crime issues in your area link to: http://www.ci.minneapolis.mn.us/police/outreach/docs/safe-staff-map.pdf
