By: Eric Beise | Realtor In House Hacking Part 1, we uncovered some of the ways you can integrate house hacking into your lifestyle. As we start digging deeper, one concept stands out as being the most effective way to think about house hacking. It’s the linchpin of the strategy, and the more you buy…
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Eric Beise | Realtor Many of us have chosen our homes for all sorts of reasons. Often, it’s for factors like location, appearance, size, yard space, price, commitment – or lack thereof. These are all great things to consider. At the core of each concern listed above, there’s a fundamental question that’s guiding us: “How…
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By: Brady Erickson | Realtor Market perception and misconceptions. It should be no surprise that many of my conversations are real estate conversations. One of the most redeeming qualities of these frequent conversations is hearing what perceptions of the market are floating around in the minds of many. My goal in this article is to…
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It’s an age-old mantra of the wise real estate investor and no one will dispute that location is key for any long-term real estate investing strategy. The differing of opinions start flying when we talk about what goal the location is going to accomplish.
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In Minneapolis, finishing a basement is one of the most common and substantial projects a homeowner or potential buyer will consider taking on. Unfortunately, not every basement project is worth beginning in the first place, and many zealous but unaware proprietors find themselves in too deep after it is too late.
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By Brady Erickson, Realtor As the Twin Cities continue to surge with high-income renters and demand for rental homes, owning rental property has become an increasingly lucrative endeavor. But even with the tremendous upside of owning real estate, there are many pitfalls to an oversimplified approach. Property investment is multifaceted and should be approached with…
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Most experts would agree that waiting until November and December are the best times to buy a house, with it being the off-season and a lot less buyers looking during the winter months and holidays. But for those of us who can’t or don’t want to wait until then, August is a unique month because it wraps up the “on-season” of real estate, but precedes the new buyers starting their search in the fall.
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There are many other benefits of owning an investment property outside of just consistent cash flow, including appreciation, depreciation and amortization.
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From the outside it can seem like people that invest in real estate have secret powers. While no investor would confess to having a genie at their disposal, the reality is they do have something not everyone has: They have knowledge.
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By Brady Erickson, Realtor Short answer: No. Long answer: No, not really. Understandably, there is a bit of a recency bias when it comes to how one feels about the future of the real estate market. We are not all that far removed from the bursting of the housing bubble, and that is certainly informing…
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