"You can take a 30-year mortgage and if it turns out your interest rate’s too high, next week you refinance lower. And if it turns out it’s too low, the other guy’s stuck with it for 30 years.”
When you buy a property as a Minneapolis rental real estate investment, you join the world of investors who recognize the value of an investment that’s as solid as the ground we walk on—one with the additional advantage of providing a steady cash dividend. With those dual advantages, you’d wonder how other investments can offer much competition, were it not for one major consideration: your time.
This week of 8.24 - 8.28.2015 was a head-swiveling version of a follow-the-dots puzzle, for those who keep tabs, national news related to Twin Cities real estate. Children like following the numbered dots to reveal a picture. You can’t be sure what it will turn out to look like until the end. This month was a lot like that: