3 Ways to Make Money By Investing In Real Estate



What are the three ways that real estate investing can make you money? I’ll explain today.

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Today, let’s talk about the three ways you can make money by investing in real estate:

1. Cash flow. This is the money over and above your mortgage, your taxes, your insurance, and other expenses associated with the property.  When we find a property that you’re interested in, we can run a quick budget with you to make sure that you’re including all the things that you need to understand happen on a monthly basis—in order to pay X, you have to make Y amount. The point is that we want to get you on the positive side of that number.

2. Appreciation. Appreciation occurs when you buy a home for a certain price and, each year, you see a certain percentage of increase in that property’s value. This can happen through the improvements that you make or just though the normal market appreciation.




It’s always a great time to invest in real estate because there are always deals out there that can make you money.


3. Depreciation. Each year the property depreciates, it’ll save you money on your taxes.

At the end of the day, we’re looking to take your money and make it work for you. We can help you find that property that can make you money.

If you have any questions about real estate investing, please feel free to reach out and give me a call. I’d be glad to guide or help you as I can.

What’s Happening in the Minneapolis Real Estate Market?



What’s happening in the Minneapolis real estate market? I’ll go over a few important stats and compare them to the 2015 market for you today.

Selling your Minneapolis home? Check out our free home value report
Buying a Minneapolis home? Search all homes for sale

As we come into the spring market, I want to give you a little market update. There are some interesting statistics that you should be privy to.

Today, we’ll look at some of the stats from 2015 and compare them to what’s going on in our current market.

First, let’s look at the monthly supply of homes. Right now, there is only a 2.2-month supply for the entire metro area. That means that if no new homes came on the market, all of the homes currently on the market would be sold in about two months. That is very low inventory compared to a normal market.

In 2015, the average was a four-month supply of homes. As you can see, there are fewer homes on the market now than there were in 2015. To put it another way, there are 11,000 listings on the market now, and there were 17,000 listings on the market in 2015. That’s almost double the number of listings we have today.

Although inventory is lower now than it was in 2015, the average sale price has gone up. In 2015, the average sale price was $210,000. Today, the average sale price is $249,000.
How does all of this impact you?

If you are a seller, there are not a lot of other choices out there for buyers, which means less competition for you. Since there aren’t that many homes on the market, you are more likely to get a good deal for your home. 




Inventory is extremely low in our market right now, which is good news for home sellers.


As a buyer, there are a couple of things you should know. First, you need to work with an experienced agent since you will be competing with other buyers for the limited inventory available. Second, interest rates are incredibly low. Over the term of a 30-year mortgage, you can save thousands and thousands of dollars. On a 15-year mortgage, you will save even more.

If you want to have a deeper conversation about buying and selling in today’s market, just give us a call or send us an email. We will figure out a plan to get you where you want to be when you want to be there. We look forward to hearing from you!

What Comes Next After an Unsuccessful Listing?




 If you’ve had an unsuccessful attempt to list your home in the past, what can you do differently when you try again? There are three points I’d like to make, today.


Selling your Minneapolis home? Check out our free home value report
Buying a Minneapolis home? Search all homes for sale

If you attempted to sell your home in 2017 but were unable to do so, you may be wondering what’s next. To determine why your home didn’t sell during your first attempt to list it and to make sure you’re successful when you try again, there are a few things to consider moving forward.

The first thing to think about is the price. Unfortunately, we don’t have complete control over the price of your listing. The comparable properties in your neighborhood have already decided the price for you. On the bright side, this makes things a lot more simple for you. 



Ask yourself if there are any small things you can change or update to improve your home.  


When you look at the local market in relation to your home to determine the right price, you’re sure to sell quickly and for top dollar.

After you’ve thought about the price of your home, there’s something else you must consider when relisting— what objections buyers had the first time you listed. Ask yourself if there are any small things you can change or update to improve your home.


The third and final thing to consider is whether you were working with the right agent the first time around. The right agent will have the tools, knowledge, and experience to bring you success. Each of these three factors we’ve discussed will help you sell your home for the most money in the least time.

If you have any other questions or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon.