Comments on: If I Could Purchase Only 1 Investment Property http://www.minnesotainvestmentrealestate.com/buying-property/first_investment_property/ How to find, buy, and own Minnesota investment property. Thu, 20 Nov 2008 21:46:06 +0000 http://wordpress.org/?v=2.6.3 By: Scott Ficek http://www.minnesotainvestmentrealestate.com/buying-property/first_investment_property/#comment-102 Scott Ficek Fri, 07 Dec 2007 02:03:14 +0000 http://www.minnesotainvestmentrealestate.com/buying-property/first_investment_property/#comment-102 Thanks guys. It is amazing how much bad information is out there. I have a bunch of people in Minneapolis trying to sell new investors $300k townhouses that cash flow negative $400 each month telling them they should take money out of their 401k contributions instead! As you both know, you need cash flow to survive the toilets and the tenants! Thanks guys. It is amazing how much bad information is out there. I have a bunch of people in Minneapolis trying to sell new investors $300k townhouses that cash flow negative $400 each month telling them they should take money out of their 401k contributions instead!

As you both know, you need cash flow to survive the toilets and the tenants!

]]> By: The Property Pundit http://www.minnesotainvestmentrealestate.com/buying-property/first_investment_property/#comment-101 The Property Pundit Fri, 07 Dec 2007 00:11:43 +0000 http://www.minnesotainvestmentrealestate.com/buying-property/first_investment_property/#comment-101 Good point, Scott. I hadn't thought about the different abuse the units might take. It makes sense... Good point, Scott. I hadn’t thought about the different abuse the units might take. It makes sense…

]]> By: Chris Lengquist http://www.minnesotainvestmentrealestate.com/buying-property/first_investment_property/#comment-100 Chris Lengquist Thu, 06 Dec 2007 23:24:59 +0000 http://www.minnesotainvestmentrealestate.com/buying-property/first_investment_property/#comment-100 The question seemed innocent enough but so much goes into the mixing bowl, as you pointed out. It's important that newer investors work with either an experienced INVESTMENT REALTOR or an experienced investor when acquiring their first couple of properties. Because even though all of what you said, and more, is true sometimes it just comes down to something only experience can notice. The question seemed innocent enough but so much goes into the mixing bowl, as you pointed out. It’s important that newer investors work with either an experienced INVESTMENT REALTOR or an experienced investor when acquiring their first couple of properties.

Because even though all of what you said, and more, is true sometimes it just comes down to something only experience can notice.

]]> By: Scott Ficek http://www.minnesotainvestmentrealestate.com/buying-property/first_investment_property/#comment-99 Scott Ficek Thu, 06 Dec 2007 20:09:04 +0000 http://www.minnesotainvestmentrealestate.com/buying-property/first_investment_property/#comment-99 No problem. I could rent 1 bedrooms all day long. You usually get a single person or couple. No problem. I could rent 1 bedrooms all day long. You usually get a single person or couple.

]]> By: John Gall http://www.minnesotainvestmentrealestate.com/buying-property/first_investment_property/#comment-98 John Gall Thu, 06 Dec 2007 20:03:52 +0000 http://www.minnesotainvestmentrealestate.com/buying-property/first_investment_property/#comment-98 Once again, outstanding job on the reply. Thanks for putting that out there. Once again, outstanding job on the reply. Thanks for putting that out there.

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