Costs to Expect With an FSBO Listing in Edina

While selling your house on your own will save you in real estate commissions, much of the costs you will absorb, such as marketing, are included in the commission. These savings come at a high price for most sellers, and we’ll discuss the costs you can expect with an FSBO listing in Edina.  Screening Calls … Continued

5 Deductions Edina Real Estate Investors Need to Know About in 2021

Write it off! The tax deductions available in the real estate market are a desirable aspect of being a landlord. Successful investors take full advantage of these deductions to attain the best return on each investment dollar. Edina real estate investors need to know these deductions and make property management decisions based on these tax … Continued

What You Need to Know About Disclosures When Selling Your Home in Edina

Disclosure documents in real estate require you as the seller to list any known issues with the property and remodeling projects undertaken by the current owners. The disclosure process does not exist only to protect the buyer. It is essential to understand that sellers benefit significantly from this step in any real estate transaction. Read … Continued

How to Bounce Back After a Bad Edina Real Estate Deal

You can’t win them all! Failure is an integral part of the process of achieving success. Accepting that reality from the start can help you better handle the inevitable. The best outlook is to consider each failure you encounter in your real estate investment business as just another step that investors must take before reaching … Continued

6 Tips to Help You Downsize Your House in Edina

Downsizing homes can be a daunting task. You can feel confident moving forward and avoid the sense of dread that so often overwhelms homeowners by following a few simple tips to help you downsize your house in Edina.  Allow yourself plenty of time to go through your belongings, taking several weeks instead of trying to … Continued

How to Sell a House With Unpermitted Work in Edina

Suppose you have been considering making alterations to your home. In that case, the bottom line is to make sure the work is permitted if required by law to avoid the consequences, which are much more complicated than pulling the permit initially.  While you may believe you and your family will live in your current … Continued

5 Things to Know About Working With Private Lenders in Edina

Maximizing your return on your investments is the name of the game in the business of real estate investing. Leveraging your wealth allows you to realize the highest return on your investments or ROI. Private lenders provide what are known as hard money loans. Generally, these loans are used by those who have ventured into … Continued

5 Signs of a Great Investment Property in Edina

Real estate is a numbers game, and there are universal factors that influence the outcome for each player. When you have an opportunity to invest, how will you know if you are holding a great card in your hand? Winners easily recognize these five signs of a great investment property in Edina. Demand  Demand for … Continued

How to Buy a Short Sale or Foreclosure in Edina

X marks the spot, and jumping on the main highway of online listings will not deliver the short sales and foreclosures Edina real estate investors seek. Unlike foreclosures, short sales are voluntary and generally are in move-in condition, usually still occupied. Short sales are, in essence, the last-ditch effort of sellers to avoid entering into … Continued

Top Tax Deductions for Your Edina Investment Property

Tax laws are incredibly advantageous to those who invest in real estate, and you could pay little to no taxes through optimum maximization of these laws. It is vital to understand the advantages of leverage regarding real estate investments and tax laws. Be sure that you are following the guidelines so that your deductions pass … Continued