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All Forum Posts by: Daniel Anshus

Daniel Anshus has started 17 posts and replied 409 times.

Post: Help analayzing my house hack deal!

Daniel Anshus
Posted
  • Realtor
  • Bloomington MN (bloomington, mn)
  • Posts 443
  • Votes 260

@Jessica Perrizo would love to connect! You seem very educated and well versed. 

Post: Minnesota Closing Costs

Daniel Anshus
Posted
  • Realtor
  • Bloomington MN (bloomington, mn)
  • Posts 443
  • Votes 260

My man @Bjorik Mutize is a commercial broker. He would be a good person to reach out to.

Post: Help analayzing my house hack deal!

Daniel Anshus
Posted
  • Realtor
  • Bloomington MN (bloomington, mn)
  • Posts 443
  • Votes 260

@Anthony Brown where in Minneapolis are you located? Would love to help out with your journey of buying a house hack! The programs they mentioned (at least the us bank one) is put out by the bank and is available here  locally. But depending on which cities you look into there are better down payment assistance programs. A great local program is MHFA where you can buy a property with only $1,000 down. There are obviously stipulations but worth checking out with a lender like @Ben Walker

Post: Help analysing a live in Duplex House Hack

Daniel Anshus
Posted
  • Realtor
  • Bloomington MN (bloomington, mn)
  • Posts 443
  • Votes 260

@Arion Trammell Welcome to BP! Are you looking to house hack a property and live in it for cheap/ free? A good deal depends on each individual investor and their goals. Some people want nothing  but turn key properties and are ok with little to no cash flow. Some  investors want huge value add deals where they have double digit % returns. If you are looking to buy one duplex and living in it to free up more of your income that looks a lot different than if you want to buy a duplex every 1 or 2 years. Message me and lets figure out what you are looking for!

Post: Foreclosure Purchase - Unpaid Taxes

Daniel Anshus
Posted
  • Realtor
  • Bloomington MN (bloomington, mn)
  • Posts 443
  • Votes 260

@Bob Norton is correct. I misspoke completely. This is why I shouldn’t go on BP on my phone! You should be responsible for taxes after purchase. 

Post: 70,000 Heloc... now what?!

Daniel Anshus
Posted
  • Realtor
  • Bloomington MN (bloomington, mn)
  • Posts 443
  • Votes 260

@Danielle Dickens you are going to have to network with people. I am helping an investor buy an off market BRRR property for less than $100,000 in Minneapolis. These opportunities exist but only to those out hustling.

Post: Foreclosure Purchase - Unpaid Taxes

Daniel Anshus
Posted
  • Realtor
  • Bloomington MN (bloomington, mn)
  • Posts 443
  • Votes 260

@Kurt Kleespies if I am reading your post correctly, you purchased a foreclosure property that is also behind on taxes (which would be expected as they weren’t paying their mortgage). If I am reading that right, that means you are now the legal owner and any taxes or fines on that property is your responsibility. If you do not pay them they will sell your property for not paying your taxes.

Post: Tips for Starting as a new Real Estate Agent/Investor

Daniel Anshus
Posted
  • Realtor
  • Bloomington MN (bloomington, mn)
  • Posts 443
  • Votes 260

@Dustin Peterson I would say that the actual brokerage you join is not as important as the team or people you surround yourself on. I think being around people who are investing and helping investors is the most beneficial thing for a new investor like you. If you want a good list of agent/investors in the area message me. I would be more than happy to let you know of some local people who are killing it. And  would love to meet up with you again and discuss what I am doing.

Post: New Investor in Minnesota

Daniel Anshus
Posted
  • Realtor
  • Bloomington MN (bloomington, mn)
  • Posts 443
  • Votes 260

@Dain Herrala I would say you have to start by building a good team you trust. If you are serious about buying properties then you will have to move fast with either viewing properties or having your team go out and check the property you arre interested in. Let's chat about who you might need to start

Post: Do you use the 2% rule in Twin Cities area? 1%?

Daniel Anshus
Posted
  • Realtor
  • Bloomington MN (bloomington, mn)
  • Posts 443
  • Votes 260
Originally posted by @Alley Carlson:

@Corey Hawkinson thanks Corey I appreciate the feedback! I see what you mean about different areas of the metro working at different numbers. I’m most interested in duplex/triplex units in northeast, or northern suburbs of the Twin Cities, but also not counting out Rochester and Duluth. I’ll definitely take your advice into consideration as I run the numbers and evaluate the different areas

I would say if you are looking at duplexes and multi-family properties in NE you are not going to find the 2% and 1% won't happen on the MLS. Those deals are found off market or you get creative with adding value to the property. I.E extra bedrooms, finishing space, renting out storage space/ garage. But with that said REI is fun and such a great way to invest your money. Message me and lets chat about REI!