Twin Cities Property Finder · David Olson, Broker · MN #BK3603584 · Whitefish Property Finder · MN #40646463 · Licensed in Minnesota, Wisconsin and Florida
Meet John & Andrea Nelson, clients of mine who recently saved for a downpayment to buy a new home for their growing family.
Here’s what to know, whether you’re selling, buying or just curious.
Here’s an honest look, whether you’re selling or buying.
What to know
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 a home in over 50 years. All of this was very exciting for them except for one issue. They owned a townhome that had significantly lost value. Instead of taking an incredibly large loss in order to sell their property in this market, they decided that their best option was to rent out their townhouse because it allowed them to protect their equity, generate more monthly income, and get through this down market before trying to sell. John and Andrea had never been landlords or had any experiences trying to rent a property before. Andrea says ‘We were always open to the idea of being landlords when we were older, but never envisioned it happening at this point in our lives. We didn’t know where to start, but David provided excellent resources for us to review.’ Besides being new to the process, John & Andrea didn’t have the time or resources to do extensive research to understand all of the legal contracts, the rules & expectations of being landlords in MN, and interview & negotiate with possible renters. ‘David was extremely helpful in helping us secure renters. He designed advertisements of our home and posted them on hundreds of rental websites. When potential renters starting responding, he fielded all those calls and screened prospects according to our preferred renter qualifications. Once they met all the requirements, then we moved forward in the process. John and Andrea had a signed lease & two months of rent before they closed on their new home! Their experience in working with me was ‘Very positive.’ I’m glad I was able to help John & Andrea rent their property but even more importantly, it was great to help them get a terrific deal on their new house. On May 25th John & Andrea were able to move into their new home with their two kids, Lucy & Sawyer. Are you looking to buy a new place but uncertain what your best options are with your current home? Do you have questions about how to rent your property but don’t know where to start or who to trust? Would you like to avoid the headaches & wasted time struggling to figure this out on your own? In this market I want to make sure you and your family can reach your goals. Give me a call!
A simple plan for your Shakopee move
I’ve been helping people sell and buy homes across Minnesota, Wisconsin, and Florida for about two decades, and I build and remodel luxury homes too. I’ll help you see both what a property is and what it could be.
Getting the house ready, or making it yours
If you’re selling and want repairs handled before buyers see them, Super Crew Contractors can give you an estimate. If you’re ready for something custom, Ivy Lane Homes does luxury home building and remodeling. And a quick coverage check with Intrinsic Insurance before closing can save you a surprise. Ready to talk? Start a buyer plan or ask what your home is worth.
Super Crew Contractors, Ivy Lane Homes and Intrinsic Insurance are owned by David Olson; you are free to use any contractor, builder or insurer.
Your next step in Shakopee
Shakopee homes are priced neighborhood by neighborhood. Whether you’re selling or buying, I’ll help you make a plan that fits.
Please note: I don’t handle rentals or property management. I work with sellers and buyers, and that’s where I can help you most in Shakopee.
Stay close to the market, without the noise.
Every so often I send a short, practical note: what Twin Cities homes did, prep tips that are worth the money, and neighborhoods worth a look.
Thank you! You’re on the list.
I’m glad you’re here. A quick confirmation is on its way to your inbox. Whenever you want to talk about your own home or a move, I’m a call or text away.
