Rare opportunity: I’m selling  a ‘5 rental property’ portfolio for $1.3 million OFF market.  There are four single family properties and one condo all fully rented with multi-year leases in the cities of St. Louis Park, West Bloomington, Richfield and Roseville Minnesota.  Besides being a predictable money machine that produces $9k a month in rent, […]

Here are two guides I’ve created that takes you through the process of buying a home in Minnesota. The first version is shown in ’10 simple steps’ which gives a brief overview. The second one below it is a detailed flow-chart that shows every aspect of the home buying process with color coordination to show […]

Over the last decade realtor David Olson has helped over a thousand families sell and buy their home here in the Twin Cities and surround suburbs. Besides offering rewarding results, he has solid experience you can trust! Call David today at 952.314.9446 [email protected]

As a local real estate expert I don’t just work in the Twin Cities, I live here!! Throughout the year I love to reconnect and stay in touch with past clients, referral partners, co-workers, family, and friends. Each event I put together tries to embody my team mission of enriching lives, helping clients reach their […]

Twin Cities Property Finder has put together an in depth overview of what’s going on in our local market here in the Twin Cities and surrounding Metro. With over 50+ pages of relevant neighborhood analysis, market trends, and threes years worth of sales history, this is an invaluable resource for anyone preparing to buy or sell […]

Awesome Investment Opportunity here in Minnesota and the Twin Cities! I’m selling an entire portfolio of single family rental properties of 39 single family homes in Minneapolis and St. Paul. Close to a million in equity if sold individually & close to a 7% cap rate with cash flow close to $280k after paying management. […]

Maybe you’ve noticed that many real estate agents take a ‘transactional’ approach to sales—identifying clients, closing the deal, and then moving on to the next one. I intentionally choose NOT to work that way because I believe home buyers and sellers deserve more than that from the realtor they decide to work with. My real estate […]

Is the stock market keeping you up at night? Are you consuming more antacids than ever before? Are the ups and downs causing more stress than you want or need? There is a simple alternative in rental real estate. Single family homes for rental purposes offer an excellent rate of return in an investment that […]

If you invest in a savings account, you’ll make less than 1% and would have to pay income tax on the earnings. On the other hand, contribute something extra to your house payment and you’ll earn at the mortgage interest rate which is certain to be more than you are earning in the bank. Making […]

In an attempt to compare homes, one of the common denominators has been price per square foot. It seems like a fairly, straight forward method but there are differences in the way homes are measured. The first assumption that has to be made is that the comparable homes are similar in size, location, condition and […]

As a homeowner, you obviously pay for your mortgage but as an investor, your tenant does. Equity build-up is a significant benefit of mortgaged rental property. As the investor collects rent and pays expenses, the principal amount of the loan is reduced which increases the equity in the property. Over time, the tenant pays for […]

Planning for retirement is obviously important and many times, an activity plagued by procrastination. Some people plan to have their home paid for by that magical date so they won’t have payments after they retire. It makes sense to eliminate a large recurring expense before they quit working. One strategy would be to be make […]

Most people have lots of things to save for but not always enough discretionary income after the family essentials have been met. A relatively small investment in a rental home can control a good home that will easily rent, generate positive cash flows and pay for itself. The borrowed funds create leverage that earn a […]

Rental properties have four primary factors that contribute to a return on investment. Based on market conditions and investor strategies, the individual motivating factor can change for property owners. There was a time when the benefit of tax savings to offset income from other sources was considered important to some investors. However, in today’s environment, […]

The latest Housing Affordability Index from the National Association of REALTORS® shows an interesting trend taking place this year that needs buyers’ attention. Most people know that the mortgage rates are still at incredibly low rates but don’t feel there is much sense of urgency. This report shows that mortgage rates have fallen from 4.37% […]

The housing market has been in a downward trend for four years. There is some speculation that inventories will not reduce any time soon which will be necessary for prices to rise. However, there are other factors that can increase the cost of housing, specifically mortgages. FHA accounts for a large percentage of the current […]

Meet Joe Cerami. He’s 85 year young and has owned his Minnetonka home on Sparrow Road for over 40 years. Besides being a veteran, successful businessman, and retired, Joe is most proud of  his family, especially his 13 grandkids. Over the past four decades his home has had a lot of sentimental value:  raising four […]

Ever Thought About Being A LandLord? Meet John & Andrea Nelson, clients of mine who recently saved for a downpayment to buy a new home for their growing family. They knew because of low interest rates and the large inventory of homes on the market that this was one of the best times to purchase […]

Rarely, does one size fit everyone and the same goes for advice. The following suggestion is not right for everyone. However, for people with job security and who don’t own a home; for people with good credit and enough savings for a down payment, there may never be a better time to buy a home. […]

It all seems perfectly reasonable: one person is not satisfied with what he can earn currently in the market and another wants to find the most attractive mortgage to purchase their home. It can be a good match but the IRS has specific rules that govern the transaction. The loan must be done in a […]

It takes money to buy a home: yours or theirs. If you’re not going to pay cash for a home, you need to find out exactly what you can borrow and what it will cost before you start looking at homes. The mortgage process is not as clear cut a path as it was a […]

I’m writing because our area had an alarming up-tick in foreclosures in the last 30 days. We all know someone who is struggling to make their mortgage payments. Those of us who bought a home over the past few years, had no idea about the kind of economic upheaval that was going to follow. I […]