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2 Minneapolis Apartment Buildings for sale, 28 total units

201 E 27th St, 14 units, $925,000
205 E 27th St, 14 units, $925,000
209 E 27th St, parking lot, $50,000
Two classic brick buildings built in 1930. Tons of charm!
201 E 27th. 9 one bedroom units, 4 studios, 1 two bedroom 205 E 27th. 8 one bedroom units, 4 studios, 2 three bedrooms
209 E […]

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New listing: Kingfield Charmer

Charming Kingfield classic!  Beautiful hardwood floors with inlaid patter.  Huge front porch.  Awesome neighborhood, close to lakes, Uptown, Kingfield Farmers Market, public transportation, local shops and more.

Virtual Tour: http://www.circlepix.com/home/RR4S5N
Address: 4319 Pillsbury Ave S, Minneapolis, MN 55409

MLS number: 3602459
Bedrooms: 3
Bathrooms: 1
1 car garage with additional parking space

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If you are not buying real estate now, see a doctor

Just a quick note.  There has not been a better time, at least not since I have been investing in real estate, to buy.
Cons.
Money to purchase is a little harder to come by.  Talk to a real mortgage lender, not “johns mortgage shop” down the street.
Beggars cant be choosers.  While there are some great deals […]

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real estate website?

I ran into this website that features free realtor websites. It is an interesting concept, for instance they seem to feature most major cities and publish real estate for sale. I set up a site in the Minneapolis Real Estate section that mirrors the flippingrich.com website.
Mixed feelings but the concept is interesting. If nothing […]

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Maplewood townhouse, equity builder

I just listed a townhouse in Maplewood, close to Woodbury. This is a great opportunity for anyone wanting to build equity. The property was purchased new a few years ago and used as a rental.  It now needs TLC. Units in the complex are selling for $180,000+, ours was just listed for $149,900.
If you are […]

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With low interest rates who cant afford the most expensive house on the market?

Sure, that $175,000,000 ( yes 175 million!) might set you back a bit, but a modest downpayment and favorable interest rates, who could pass on this!
Yes, supposedly, this is the most expensive house on the market.
Main house The penthouse floor consists of four bedrooms, two bathrooms, two shower rooms and two powder rooms, two dressing […]

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Ups and Down - Interest rates, Stock markets et al.

It is always interesting to me to see how people react to changes in the market or interest rates.
I have read way too many stories in the last year about adjustable interest rate mortgages (ARM) and how they have caused foreclosures,  destroyed lives, etc.  I certainly do not mean to belittle the people that have […]

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1 more reason to buy a property

In addition to the low interest rates, and ease of negotiation in the Twin Cities real estate market I am offering a $500 Home Depot or Ikea gift certificate to anyone that I work with on buying a property between today and January 31, 2008.
Fine print: Must be on accepted purchase agreement for a property […]

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A little something in Hawaii

A reader of flippingrich.com and friend of mine, Hilton Balckwell, from over at optimumworld.com was telling me about some real estate for sale in Hawaii. Because I am a semi fanatic when it comes to real estate and what I can buy for a dollar, it is always interesting to me to hear about […]

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When have you made a profit from real estate?

I had a really interesting conversation last week from someone who said they were losing money if they sell their home.  The big question is, when have you made money from owning real estate?
So, the person had bought a single family home in Northern California roughly 3 years ago. The purchase price was $250,000.  According […]

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