minnesota: Moved to RE/MAX Associates Plus - 03/14/08 11:01 AM
I have decided to join the Minnesota Real Estate Team in Minneapolis. They are the top RE/MAX team in Minnesota and one of the top 100 in the US and World.
My contact information stays the same.
Scott Ficek owns and manages almost 30 investment property units from single family to multi-family. Find his website at www.minnesotainvestmentrealestate.com or receive his blog via your RSS Feed or in your Email. He is also a Minnesota Real Estate Agent with RE/MAX Advantage Plus in Minneapolis and helps new and seasoned investors buy and own Investment Property. … (1 comments)

minnesota: Blog Moved - 12/24/07 06:16 AM
I have decided to concentrate my efforts on my Investment Property Blog. Please find it here: Minnesota Investment Properties.

Scott Ficek is a Realtor with Keller Williams Integrity in Minneapolis and helps new and seasoned investors buy and own Minnesota investment property. He owns and manages almost 30 investment property units from single family to multi-family. Find his website at www.minnesotainvestmentrealestate.com or receive his blog via your RSS Feed or in your Email. … (0 comments)

minnesota: Why Buy Investment Property anywhere but Minnesota? - 09/13/07 02:59 PM
I know I am going to get some comments from readers in other parts of the country about this title!  My point is not that anywhere BUT Minnesota is bad.  It is just that I often get the question from new investors that ask:  "I read investment property in [insert any state here] is a great buy, should jump in?".  My answer is always NO.
Buying and owning investment properties take time and work.  Obviously, how much work is dependent upon how many properties you have, their age and condition, and even the type (single family versus multi-family).  In the end, there is some time and work required to … (1 comments)

minnesota: Stop throwing money away at your rental properties! - 09/11/07 02:41 PM
Do you just write those expense checks every month for your investment properties without thinking about if the bill is correct or could be lower and/or eliminated?  Although you typically can only raise rent every 12 months, it is never the wrong time to work on reducing the expenses of your investment properties. 
Here are a few areas to explore:
If you are paying the heat bill, is there any way to install a new furnace or boiler in the other unit(s) to shift the cost to the tenant?  Can you install electric baseboard heat for one or more units and shift the … (2 comments)

minnesota: Snow is Coming: Get your Properties Ready! - 09/10/07 08:59 AM
It never fails....the State Fair is over, Labor day was here and gone, the kids are back in school and within days the high temperature is not getting above 70 degrees!  Here in Minnesota it seems like the seasons change fast and snow is just right around the corner. 
It is time to get your investment properties ready for the winter.  Why not tackle those projects and prep items when the weather is still relatively nice and you have time.  Even if you don't live in Minnesota, here are some items to review at your investment properties before the weather turns any … (1 comments)

minnesota: Advertising your rental units - 08/21/07 07:25 AM
As I take on new investment property customers, one of the early questions is:  "Where do you find tenants?".  As with most other questions, I usually say "It depends".  The neighborhood in which the property is located often has a lot to do with your advertising technique.  Here are some different advertising suggestions and what I have found works best for each tenant demographic:  Read more on personal blog at:  www.mnirea.com
 
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minnesota: Finding and Buying Investment Properties - 08/11/07 04:39 PM
There are so many resources in the real estate market today to find and buy investment properties, how do you know which is the best?  I can't speak to any other states, but I will give you my (probably biased) opinion on how to find investment properties in Minnesota.
Initially, spend time figuring out what type of investment property you want to own.  Are you more comfortable with single family homes or do you like more traditional duplexes and 4-plexes?  Read my August 9th post about "Where Should I buy Investment Property?" Read more on my website blog at:  www.mnirea.com.
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minnesota: Where should I buy Investment Property? - 08/10/07 09:47 AM
New investors often ask me "Where is the best place to buy investment property?".  Or the question may be "I have heard that investing in property in [insert any state here] is great.  What do you think about it?".
The answers to these questions is three-fold:
1.  Buy and own property near where you live, work, go to church, or anywhere else that you travel 1-3 times per week.  If you are managing your properties yourself, you will need to occasionally show the apartment to lease it out, stop over and make sure the grass is mowed (or do it yourself!), replace a … (1 comments)

 

Scott Ficek

Minneapolis, MN

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RE/MAX Advantage Plus

Office: (612) 898-5800

Mobile: (612) 281-5419

We help new and seasoned real estate investors purchase and own investment property in Minnesota.


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