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All Forum Posts by: Adam Tafel

Adam Tafel has started 24 posts and replied 371 times.

Post: Why you SHOULD allow animals

Adam Tafel
Posted
  • Real Estate Agent
  • St. Paul, MN
  • Posts 386
  • Votes 303

My best performing property is a medium-term-dog-friendly-furnished-renal. Vacancy is almost non-existent, I get about 70% above market rent. I've always been a big fan of dog owners as tenants, a responsible dog owner is generally a responsible tenant. 

Post: Where to contact lenders

Adam Tafel
Posted
  • Real Estate Agent
  • St. Paul, MN
  • Posts 386
  • Votes 303

I have a few clients who have used Pine Financial Group, they've had good experiences. I can't tag them but a google search should do it. 

Post: Young Engineer Starting Real Estate Investing

Adam Tafel
Posted
  • Real Estate Agent
  • St. Paul, MN
  • Posts 386
  • Votes 303

@Ray Mulli - furnished short-term housing for medical staff, via Airbnb/VRBO/staffing agencies 

Post: Young Engineer Starting Real Estate Investing

Adam Tafel
Posted
  • Real Estate Agent
  • St. Paul, MN
  • Posts 386
  • Votes 303

@Tyler Smith - welcome to BP! We host meetups in Minneapolis, but they have been on Zoom lately. Shoot me a PM and I'll send the link. I do some medical housing here in St. Paul, would love to talk about opportunities near Mayo. 

Post: brian page airbnb formula

Adam Tafel
Posted
  • Real Estate Agent
  • St. Paul, MN
  • Posts 386
  • Votes 303

From what I understand, he rents apartments and lists them on Airbnb. This is not rocket science, anyone with an ounce of common sense can furnish an apartment, take pictures, and list. What is he charging? 

Post: AirBNB in Oklahoma City by OU Medical Center

Adam Tafel
Posted
  • Real Estate Agent
  • St. Paul, MN
  • Posts 386
  • Votes 303

@Ben Scott - thanks for sharing! Maybe you already know this, but here's a tip... set your minimum stay at 28 nights. If you're close to a medical center there's a good chance you'll get traveling medical staff, students, and other contract workers. They are the BEST tenants by far, very low maintenance and generally have decent housing stipends. Good luck! 

Post: Accessory dwelling unit in Montgomery County

Adam Tafel
Posted
  • Real Estate Agent
  • St. Paul, MN
  • Posts 386
  • Votes 303

@Leonid Sapronov - save yourself some time and just call the city. I've spent hours looking over building codes and reaching out to contractors, only to have a 10 minute call to the city answer all my questions. In my market ADUs can be separate buildings (apartment above garage) and non-conforming duplexes. Make sure the city allows a non-occupant to license both units. 

Post: Viewing first multifamily property

Adam Tafel
Posted
  • Real Estate Agent
  • St. Paul, MN
  • Posts 386
  • Votes 303

A good Realtor should do their homework, assuming it's not a last-minute showing request. We typically help our clients through the analytics, and if your agent works with investors they will do the same. Take notes and pictures, this will help if you're getting bids during the inspection period. Wear whatever you want, you don't have to impress your agent. 

Post: Looking to network with local contractors

Adam Tafel
Posted
  • Real Estate Agent
  • St. Paul, MN
  • Posts 386
  • Votes 303

Twin Cities! 

My team is looking for great GCs to refer to our clients. Willingness to attend inspections and bid jobs is a plus. We specialize in small multifamily and have a constant need for honest, dependable help. Please reach out with any recommendations, or contact me directly to connect. 

Thank you! 

Post: Childcare Hack - The alternative to expensive childcare!

Adam Tafel
Posted
  • Real Estate Agent
  • St. Paul, MN
  • Posts 386
  • Votes 303

Wow, awesome idea! First time seeing a child-care hack on here, you're an innovator.