Investment Strategy Options

Written By kate carlson

Here are a few of the most popular ways to start or grow your rental portfolio:

HOUSE HACK

Just starting out in your real estate investing career? A house hack is the perfect option for you. Whether you prefer a single-family home with a mother-in-law suite or a more traditional duplex, the goal of a house hack is to offset your mortgage payment through rental income.

FLIPPING/BRRRR

Want to do substantial renovations to a property and cash-out right away, either by selling or a cash-out refinance to hold as a rental?

BUYING A CASH FLOWING DUPLEX, TRIPLEX, OR FOURPLEX RENTAL (long-term wealth)

Up/Down or Side by Side, these properties have two units that share a common wall but are not a condo or townhome. You can find duplexes through a “multi-family’” search on the MLS. They are the most popular and common investment to get started with.

Three units on one lot sharing common walls. A rare unicorn, however, some duplex basements (and a few attics) could be converted into another unit to create your own triplex. The Upcoming Minneapolis 2040 plan allows for a triplex on every lot in the city.

Four units on one lot sharing common walls. The ultimate house hack! Four units on the same property that you can finance with a residential loan. Less than 60 fourplexes sold in the Twin Cities in 2019, but if you are patient we can help you snag one.

BUY PROPERTY TO FURNISHED RENTAL (More Income)

Short-term like an Airbnb or Mid-term (1-6 months) for traveling professionals.

COMMERCIAL APARTMENT BUILDINGS (5+ units)

Here’s where things get really fun. Economies of scale, accelerated depreciation, commercial real estate loan terms.

SYNDICATIONS

Want to invest but not be in the driver seat?  Become a Limited Partner that invests capital into real estate deals, not guaranteeing the loan, only providing private capital.

kate carlson

I am a Designer located in Minneapolis, MN where I run my own design business. My endless curiosity & passion for multi-faceted design allows me to switch easily between design disciplines — so I can create all touch points of your brand for you.

I focus on brand identity, web design, brand collateral and even interior design of your business. I have most recently been expanding into installation design and letterpress goods. Basically I like to have my hand in all aspects of a companies design so I can help it come to life and be purposeful!

http://www.designshopmpls.com
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