Archive for October, 2008

October-13-2008
Filed Under (Upcoming Event) by admin
October 29, 2008
8:30 amto4:30 pm

Wednesday, October 29th - 8:30 AM to 4:30 PM

Bloomington Center for the Arts Building at 1800 Old Shakopee Road

This is a FREE all day workshop designed for the new and seasoned investor. This event will feature a full panel of experts in the area of financing, tax, law, 1031 exchanges, financial planning, rental management, insurance and much much more. You will leave this day will real tools to integrate into your investment plan as well as some excellent professional contacts for your Rolodex. Six hours of real estate continuing education have also been applied for.

Featured speakers will be as follows:
Rob Bonahoom - Mortgage Coach
Greg Nelson - CPA
Jeff Peterson - 1031 Specialist
Matt Engel - Attorney
Adam Hartung - Certified Financial Planner
Brent Mohlenhoff - Insurance
Nina Haugen - Rental Management
Bruce Zimmerman - Rent Collection
Peter Fanucci - Credit Lines

Call me at: (612) 384-1073 or use the seminar registration form.


October-9-2008
Filed Under (City Info) by admin

Ok, so this isn’t really a post about real estate but I saw $2.99 / gallon gas today in St Paul - Highland Park and it got me thinking that things aren’t all that bad.  Just a few months ago we hovered at $4.00 / gallon but we still hear on the news how bad and horrible gas prices are and how this also affects the price of everything else in the economy.  Well, it does.  Gas prices certainly do affect the rest of the economy but $2.99 is where we were long before the economic crisis started to really put a pinch on people’s wallets and long before the recent Wall Street bail out.

Look at the positive and talk about the positive - $2.99 / gallon gasoline is a good sign and will be better for the people of the Twin Cities.  We will have more money in our pockets at the end of the day and typically, lower gas prices translate back into lower cost of goods like food and other daily essentials because the cost to ship these goods goes down.

Lower costs of goods will equate to more confidence in the market and more confidence in the market will lead to better business overall. 

Stay POSITIVE - this WILL get better even if we have to look at it one little step (like $2.99 gas) at a time!

Jen McKinnon
Realtor/Investor

612.384.1073
jen[at]mnrealestateteam[dot]com
AGENT REFERRAL NETWORK
MN Real Estate Team - #1 Team in MN!



October-7-2008
Filed Under (Misc. Real Estate) by admin

Did you know that Minneapolis was voted the 7th “Greenest City” by www.sustainlane.com?
Check out their website for more information.

If you are looking for “green” or eco - friendly home design trends with advice from local experts, check out the latest issue of MARQ magazine or go to www.marqtwincities.com for their article titled “Greenway”.



October-4-2008
Filed Under (Upcoming Event) by admin
October 28, 2008
6:30 pmto8:00 pm

Topic: How to reduce your taxes by owning investment real estate.

Maybe you don’t own any investment property, but have heard about the tax benefits of owning investment real estate. Otherwise, maybe you own a property or two, but don’t feel like you are getting all the tax shelters that you can. Our CPA, Greg Nelson, will be explaining how to organize your business and yourself to maximize your tax deductions easily and quickly. He will talk about how to take advantage of the tax shelter even if you “make too much money” to claim much or any depreciation.

Come see how to write more off and put more money into your pocket each year.

Call me at: (612) 384-1073 or use the seminar registration form.



October-3-2008
Filed Under (City Info, Home Buying) by admin

If you have been considering buying a home in Richfield, take a look at this website that discusses a new development coming to the high traffic area of Hwy 62 / Penn Ave.  http://www.ci.richfield.mn.us/CD/Projects/Penn/PennCorridor.pdf

Yes, this will mean lots of construction for awhile but a gorgeous development of shops, condos, green space, parks, cafes, sidewalks and alot of beautiful landscaping appears to be on its way!  This face lift is much needed as many of the stores and streets in that area are looking run down and do not do justice to the work being done on many homes in the neighborhoods just off of Penn between the Hwy 62 and 68th Street.

Many of the rambler style homes in these neighborhoods were built in the 1950’s and we are finding many that have been redone to add updated ammenities like granite countertops and updated kitchens, new paint, landscaping, finished basements and more.  There are even some that have gone from being a rambler to a full two story nearly doubling the space of the home! 

Add this new development into the mix and watch home values rise in this area that is close to major Highways 62, 494, 35W and Hwy 100 and just minutes from 50th / France in Edina and Lake Harriet or Lake Calhoun in Minneapolis / Uptown.

Call me today to start looking at your future home in Richfield, MN!

Jen McKinnon
Realtor/Investor
612.384.1073
jen[at]mnrealestateteam[dot]com

AGENT REFERRAL NETWORK
MN Real Estate Team
#1 Real Estate Team in MN



September-23-2008
Filed Under (Upcoming Event) by admin
October 21, 2008
6:30 pmto8:00 pm
1. Real Estate Investing 101 Seminar - Monday, September 22nd, 6:30- 8PM 
From his experience of owning 15 rental properties, Ryan O’Neill will teach you a concrete, non-infomercial way to build wealth through real estate. This seminar will be a one and a half hour presentation in regards to wealth building through real estate. There is no charge at all, no contracts you sign with us, no consultation fees, no hidden agenda. The seminar simply will be an excellent opportunity for you to learn more about our process: how you get pre-approved, what type of low-down loan product to choose, and then how we step you through the process of finding the home and helping you get it rented out. Whether you are a beginner or an advanced investor, this will be a great chance for you to learn more about how you can build your long term wealth through buying real estate. Again, all of us at www.InvestmentPropertyGuys.com own rental properties. Our team leader, Ryan O’Neill owns 15 single-family homes, and our mortgage coach Rob Bonahoom has over 20 properties. All of us have experienced the benefits of real estate, and we’re excited to share a free seminar with you on how you too can get into the game (or continue on).
Call me at: (612) 384-1073 or use the seminar registration form.