All Forum Posts by: Alyssa Strom

Due to unpredictable spring weather we are moving this to June 7th from 6-8pm. 

@Levi Bartz It wouldn't hurt to also check out investing opportunities in Wisconsin. Depending on where you are looking to move you might find a better return there. Low inventory is still keeping prices high in the Twin Cities market. With interest rates approaching 6% and adding in property management expenses the numbers are usually pretty tight once you move out. That being said, you have to live somewhere so house hacking still remains one of the best ways to get starting in real estate investing. 

Join the Millennial Investor Group and Twin Cities local investor and developer, Cody Fischer. In 2016, Cody Fischer purchased a duplex in NE Minneapolis. He was able to get approval to divide the lot and build a 6 unit apartment building behind the duplex to be completed in Spring 2022. Come hear his story and discover how he was able to successfully navigate such an incredible venture!

Join us at the end of April (with hopefully warmer weather) to learn about Yardhomes. Yardhomes is a local builder of prefab Accessory Dwelling Units (ADUs). Founders Nichol and Jamie will talk about their business and mission, answer questions, and have two model ADUs available to tour.

About YardHomes
YardHomes mission is to expand housing in Minnesota by adding a new housing option that is needed in our communities.Yardhomes can customize unit finishes and fulfill high volume for golf courses, resorts, family cabin compounds, and cluster developments. Additionally, they have a unique program that brings affordable units to low-income renters; learn more about Y-HELP®.

@Thomas Hartman Other options if Options Exterior isn't available: 

Victor: (612) 876-1303

Mint Roofing - call Christy (612) 803-0275

Join the Millennial Investor Group and BP member/Twin Cities investor @Evan Kraljic as he shares how he is utilizing a construction loan to potentially put no money down on his most recent purchase and rehab. Evan will go over the budget, scope, and lessons learned in self-managing this renovation project including complications converting an unfinished basement to livable square footage.

About Evan:
Evan works full-time as an engineer and has been investing since 2019. He currently owns 7 units spread across 3 properties in South Mpls. He bought his first investment property to househack in 2020 and spent quarantine remodeling it. He then used a HELOC on his first propety to purchase a second rental property in 2021. His interest in real estate investing like many came from the desire for financial independence and a way out of his W2 job.

@Luke Thompson A judge halted enforcement on the tenant screening guidelines last year and then the St. Paul city council repealed the ordinance so those are no longer in effect. The rent control ordinance did pass and that goes into effect on May 1st although there is currently no plan or any details from the city on how it will be implemented.

@Adam Putschoegl Wouldn't hurt to add St. Louis Park and Richfield. Still value to be found there too. 

@Jide Fajobi Congrats on the new place! Talk to Brenda O'Connell. She's been in the industry forever and has a team that can also help with small projects.

Join the Millennial Investor Group and local investor, Micah Haworth, as he shares his most recent BRRRR project. Micah purchased a single-family home that he is turning into a furnished short-term rental for traveling nurses. Micah will share why he decided on a short-term rental (STR), how he found the deal and why the numbers work.