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7 Ways to Generate More Income from Single Family Investment Properties | Minnesota Investment Property Blog

By scottficek 262 days ago from http://www.minnesotainvestmentrealestate.com

Many people buy investment property not really knowing how much they should be making in cash flow per month. Unfortunately, single family houses are the most difficult to try and increase your monthly cash flow. Scott Ficek gives us 7 different ways to either increase your income or decrease your expenses on your Minnesota I

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Tags: investment property landlord tenants rentals real estate single family houses minnesota investment property


Prepping to Sell your Investment Property-Revisited | Minnesota Investment Property Blog

By scottficek 257 days ago from http://www.minnesotainvestmentrealestate.com

Although not an exhaustive list, there are a number of things that you should prior to putting your investment property on the market for sale. It is amazing how many real estate investors don't even bother to put their best foot forward. This is a business, you should be always thinking about how to maximize your profit and

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Tags: minnesota investment property investment real estate rentals landlords cash flow


Raising Investment Property Rent | Minnesota Investment Property Blog

By scottficek 237 days ago from http://www.minnesotainvestmentrealestate.com

Obviously this can only be done when the lease renews, but how do you decide when and how much to raise the rent on your tenants? As you imagine, that can be a touchy subject. I think raising the rent depends upon a couple items. Every landlord faces this situation. Here are some tips and tricks to getting the rent increase

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Tags: investment property landlord tenants rentals real estate single family houses minnesota investment property rent leases


Minnesota Short Sales and Investment Property Foreclosures | Minnesota Investment Property Blog

By scottficek 262 days ago from http://www.minnesotainvestmentrealestate.com

The Minnesota foreclosure process is very confusing. With that, real estate investors are sometimes unsure when they will see the best deal: at the short sale or at the foreclosure. Scott Ficek details out the foreclosure process in Minnesota including the redemption period and when a short sale can take place. He gives us

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Tags: minnesota investment property foreclosure short sale reo properties minnesota real estate sheriff sale redemption period tenants eviction


Who do you call when your Investment Property is on Fire? | Minnesota Investment Property Blog

By scottficek 253 days ago from http://www.minnesotainvestmentrealestate.com

If you own investment property, you know it can be difficult to unplug from your phone for a week at a time. Who are your tenants going to call. What if I have a major problem at one of them, who will fix it? These are all great questions that every real estate investor struggles with. With some work up front, you can make

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Tags: minnesota investment property investment real estate rentals landlords cash flow


What to do if your tenant won’t leave! | Minnesota Investment Property Blog

By scottficek 253 days ago from http://www.minnesotainvestmentrealestate.com

If you own investment property long enough, you may run into the day when one of your tenants just won't leave, even when their lease has expired. There are many twists and turns in this drama. By being prepared as early in the process as possible with good contingencies, you should be able to avoid the “What Now!”. I have

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Tags: minnesota investment property landlord tenants rentals real estate leases


7 Questions to Ask Your Investment Property Realtor

By scottficek 237 days ago from http://www.minnesotainvestmentrealestate.com

Just like many industries, Real Estate requires specialization. Because the markets and property types are so broad, it is difficult to be an expert at all areas. Plus, if you are looking to spend your hard earned savings on an investment property, wouldn't you want an expert/specialist? Here are 7 questions that every real

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Tags: investment property landlord tenants rentals real estate single family houses minnesota investment property realtor foreclosures


Power Lease Clauses for your Investment Property | Minnesota Investment Property Blog

By scottficek 253 days ago from http://www.minnesotainvestmentrealestate.com

When you own investment property, you lease is usually the only relationship you have with your tenant. Unfortunately, many landlords take that relationship too lightly and simply do not put in the time to understand what is written in their leases and put any teeth into it. In this post, Scott Ficek outlines 10 different add

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Tags: minnesota investment property landlord tenants rentals real estate evicitions scott ficek


Don’t Trust What You See or Read on the MLS! | Minnesota Investment Property Blog

By scottficek 143 days ago from http://www.minnesotainvestmentrealestate.com

Is that a bold enough statement for you? Over the years, I have just learned to trust very little information that is supplied on the MLS when it comes to investment properties. As part of our process to purchase investment properties, we research each one of the above items (and more). Now I don’t want to criticize my fellow

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Tags: investment property minnesota investment property rehab north minneapolis search mls