Afraid to move in this market? Learn the math behind buying a home at a great price and with a great interest rate! Take advantage of the opportunities to enhance your current financial stability in today s low mortgage interest rate environment by joining us for our upcoming seminar and Q&A forum.

Topics include:

Eye-opening financial benefits of buying a home now versus waiting for economic recovery
Pricing and preparing your home to sell in this market
How a loss on your sale may be recouped with a good buy
Cost effective services to rent and manage your home if it doesn’t sell

Featured Speakers:
Ronny Loew – MN Home Loan Partners
John Stenroos – MN Real Estate Team
Lisa Atkinson – Set to Show Homes

For more information or to register today call
Jen McKinnon
Realtor / Investor
MN Real Estate Team
612.384.1073
jen[at]mnrealestateteam[dot]com

Do you love watching those TV shows in which people are buying houses, fixing them up and reselling them for huge profits? Most of the time it looks like controlled chaos. Furthermore, these people don’t look or sound any smarter than you, but they claim they made as much money on this one house as you did all of last year.

You go to bed at night with visions of hammers and sheetrock dancing in your head? The next morning, you wake up and starting thinking about how you can grow your house flipping money tree!

Flipping houses can be exciting, lucrative, demanding, risky, and rewarding all at the same time. The best line I ever heard applied to flipping houses is: “You make your money when you buy; you get paid when you sell.”

For more information or to register today call

Jen McKinnon
Realtor / Investor
MN Real Estate Team
612.384.1073
jen[at]mnrealestateteam[dot]com

This no-frills/no fluff information packed seminar is offered regularly as a follow-up to our introductory Investment Real Estate 101 seminar. Using a case study format, you’ll review how to calculate cash flow. We’ll learn about and discuss the important financial analysis tools an investor needs to have; cap rates, before and after tax “cash on cash” return, and 1st year return on investment. You’ll also be introduced to the Internal Rate of Return, a powerful tool which measures not only current cash flows, but also future cash flows, as well as tax benefits, appreciation, mortgage reduction, and selling costs over the entire projected life of the investment.

This seminar is designed for the novice investor, but old pros are welcome as well.

Your instructor, is a member of The Minnesota Real Estate Team and an experienced investor. We are delighted to now offer expertise to you in this free seminar! Bring ALL your investment real estate questions!

Topics include rental rates, vacancies, operating expense ratios, cap rates, the impact of financing and interest rates, cash on cash returns, potential tax benefits for the investor, capital gains treatment, calculating seller’s net at sale, and anything else we have time for!

You’ll leave with a better understanding of how to analyze an investment, giving you more confidence to compete with the sharks and approach today’s opportunity rich investment market.

For more information or to register call

Jen McKinnon
Realtor / Investor
MN Real Estate Team
612.384.1073
jen[at]mnrealestateteam[dot]com

Come and learn about investment properties in the Twin Cities. We 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.
Our investment seminar instructors, 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).

Contact me for more information or to sign up!
Jen McKinnon
Realtor / Investor
612.384.1073
jen[at]mnrealestateteam[dot]com

Now, I want you to know that I will never pressure anyone to buy a home. However, as I have stated in the past, if you find a home in the Twin Cities that you like, you’d better be ready to move fast. And I mean within hours!

I have a client who is a first time buyer and is looking at using an FHA loan to purchase his first house. He is looking to pay under $160,000 and plans on having to do some repairs and cosmetic work to the house.

First of all, most of the homes we are looking at in the Northern Suburbs of the Twin Cities are short sales or foreclosures (bank owned – REO).

Second, we are having a difficult time finding houses that will accept FHA financing as most bank owned / REO homes have a number of problems that FHA inspecion will not pass without the seller fixing the issue (which 9 times out of 10 the bank, who is the seller, will not fix).

Third, when we are making offers the houses are usually in a multiple offer or better yet, a highest and best situation (this is where the seller, usually a bank, will call for all offers to be resubmitted with their absolute highest and best offer. This puts everyone who has submitted an offer into a “panic” and gets the bank more money. Good tactic for them, bad for buyers.

Finally, we ran into a situation with a Twin Cities suburb home that had been relisted on the market for only 6 days and when I called in the morning there were no offers but alot of interest. 5 minutes later one offer was submitted. So we got out and looked at the house about 2 hours later and I informed the agent immediately that we would be submitting an offer. Come to find a few hours later that the bank had already accepted the first offer that got submitted and although the listing agent submitted ours he did not forewarn the bank that a second offer was coming in. This would have given them two offers to review and potentially the option to have us submit highest and best.

So, as you can see, some REO / bank owned listing agents are actually acting quickly and submitting offers ASAP and I feel this was a very rare bank that made a decision in HOURS instead of days or weeks like many take.
One more reason to act fast and be ready to make the decision. Get the offer in and use your inspection contingency to back out if need be.

Jen McKinnon
Realtor/Investor
MN Real Estate Team
The #1 Real Estate Team in MN

612.384.1073
jen [at] mnrealestateteam [dot] com

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