Resources


Buying Alyssa Strom Buying Alyssa Strom

Why Invest in an Owner-Occupied Duplex

As you begin your house search you’ll spend time narrowing down your options. Whether it is the location of the property, type of property (townhome, single family, condo), or different amenities your search generally starts more broadly. As investor friendly realtors, we think you should also consider the advantages of buying a duplex.

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Can you Buy a Duplex with an FHA loan?

One of the most frequent questions we get from first-time duplex buyers is if they can use FHA financing to purchase a duplex. The answer is yes, however, there are a few things to know about buying a duplex with an FHA loan.

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Multi-Generational Housing in Minneapolis

1 in 5 American households are multi-generational and interest in multi-generational housing is increasing*. Multi-generational housing is defined as a home with members of more than two generations living under the same roof. Whether due to necessity or preference, more families are considering this arrangement and Minneapolis is well suited to address this demand.

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Buying a House in 2020 During Covid-19

Real estate, title companies, and lenders are considered essential services during the shelter in place order in Minnesota. You can complete nearly all the paperwork electronically, and closings are still happening with as few people as possible in attendance.

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Condo vs Duplex: What’s The Difference?

At Side by Side, we love duplexes and multi-family properties. However, they are not the perfect fit for everyone. Everyone’s preferences and situations are different, so here are some main differences and pros and cons of duplex and condo properties.

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What Is A Fourplex?

While duplexes are common around Minneapolis and Saint Paul, fourplexes can be more difficult to find. Under 50 fourplexes sold in 2018 and as demand has increased, so have prices.

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Buying A Fourplex

Ask any experienced real estate investor the one piece of advice they would give to new investors and they would all say “buy a fourplex”. Purchasing and owner occupying a fourplex is the best way to get started in real estate investing.

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Duplex vs. Townhouse

Duplexes and townhomes share one key characteristic, a wall with an adjourning unit. Even though they both share walls, duplex and townhouses are very different types of properties. When deciding which type of property to buy it is up to you to decide what makes the most sense for your lifestyle, budget, and goals.

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How To Buy A Duplex

You’ve evaluated your housing options and decided a duplex is the right option for you. Great! By now you probably already know that duplexes are one of the best ways to get into real estate investing. Here’s what’s next:

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FAQ Alyssa Strom FAQ Alyssa Strom

Home Inspection Cost & Checklist

Whether you just starting your real estate search or have an accepted offer, a home inspection is one of the most important things you can do when deciding whether to purchase the home or not. Here is a list of the most commonly asked questions we receive on home inspections.

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Investment Scott Hoefler Investment Scott Hoefler

The ROI Of Being A Great Landlord

Landlords tend to get a bad rap. Oftentimes, it’s rightfully so. Some landlords have the mentality that they own the property and it is a privilege for renters to live there. This mentality can in turn make renters feel like a commodity rather than a human being. This mindset is outdated and ineffective.

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Buying Scott Hoefler Buying Scott Hoefler

How To Get Started In Real Estate

There is no such silver bullet, easy answer, book, or seminar that will get you rich quick. You don’t get to jump into an elevator and take it straight to the top floor where piles of money are waiting for you. Real estate investing requires all of us to take the stairs. Like anything worth having, investing in real estate requires grit and perseverance.

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Tips Scott Hoefler Tips Scott Hoefler

The Value of Local Expertise When Investing

My brother and I purchased an investment property in Wisconsin. This purchase is the first time we ventured out of the comfort of our local market. As we analyzed the numbers and market, trying to determine the feasibility of this new venture, I couldn’t help but notice a few things.

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