With inventory levels of existing homes extremely low, many are flocking to new construction and assume it’s like shopping at Target. At Target, you walk in, pick what you want, and proceed to checkout. While there are some very clear benefits to buying new (Minnesota’s 10 year builder warranty, to name just one), much is…
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Eric Biese | Realtor If you have held rental real estate for the past few years, you likely have seen your properties significantlyincrease in value. This is a fantastic place to be! For various reasons though, you may now be looking to cashout, upgrade, or get out ahead of some potential future increases in tax…
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ERIC BEISE | REALTOR Inflation, inflation, inflation. It seems that everywhere you look right now in the financial press someone is talking about inflation. Prices do typically go up over time, which is known as inflation. When the government prints lots of money like they have the past few years, prices often go up faster…
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ERIC BEISE | REALTOR In the last five years alone the average sale price for a home in the Twin Cities has risen from $215,000 to $305,000. This is a staggering 42% increase! Naturally people are beginning to ask if prices are approaching a bubble again. Is it even smart to consider buying a home…
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Eric Beise | Realtor Believe it or not, 2020 is almost over! How did it go for you? In spite of the devastation caused by the pandemic, did you hit your goals – or even exceed them? Or was it a tough year for you? Regardless of what happened in 2020, now is the time…
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Eric Beise | Realtor Countless articles have been written promoting the benefits of stocks over real estate or real estate over stocks. While there is certainly merit in weighing the pros and cons of these two options for investment, the reality is that most Americans nearing retirement could use more of any financial asset! The…
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By: Eric Beise | Realtor With growing fears regarding COVID-19 and its impact on the economy, we wanted to provide you with information that may ease your concerns. By extracting data from past pandemics and economic recessions, we presume that in the midst of this fear and chaos, the outlook of the housing market looks…
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By: Eric Beise | Realtor In House Hacking Part 1, we uncovered some of the ways you can integrate house hacking into your lifestyle. As we start digging deeper, one concept stands out as being the most effective way to think about house hacking. It’s the linchpin of the strategy, and the more you buy…
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Eric Beise | Realtor Many of us have chosen our homes for all sorts of reasons. Often, it’s for factors like location, appearance, size, yard space, price, commitment – or lack thereof. These are all great things to consider. At the core of each concern listed above, there’s a fundamental question that’s guiding us: “How…
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It’s an age-old mantra of the wise real estate investor and no one will dispute that location is key for any long-term real estate investing strategy. The differing of opinions start flying when we talk about what goal the location is going to accomplish.
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