Unlocking Success in Real Estate: Creative Leads for New Investors with MnREIA

Real estate investment is an exciting and lucrative venture—but for many new investors, it can seem daunting. With so many options, from traditional buying and selling to flipping homes and rental properties, where do you even start? One of the most important lessons any investor can learn early on is that creative leads are the key to finding profitable deals.

If you’re a beginner looking to jump into real estate, the idea of finding properties that offer true value might seem overwhelming. But don't worry! There are countless creative strategies you can use to find leads and set yourself up for success. In fact, creative leads are often what separate average investors from the truly successful ones.

Let’s explore some of the most effective ways new investors can tap into creative leads, find opportunities that others may overlook, and start building their real estate portfolios—especially when you partner with organizations like MnREIA (Minnesota Real Estate Investors Association) to accelerate your growth.

1. Look Beyond the MLS: The Power of Off-Market Deals

As a new investor, it’s tempting to focus all your efforts on properties listed on the Multiple Listing Service (MLS)—but here’s the truth: competition on the MLS can be fierce, and prices are often inflated. If you really want to find great deals, you need to go off-market.

Off-market prope ... Read More…

Navigating the Real Estate Market: How Creative Financing and Finding Motivated Sellers Can Help You Thrive

The real estate market is constantly evolving, and while many investors are concerned about where the market is headed, it’s important to realize that there are always opportunities, no matter what direction things are moving. Whether the market is booming or facing challenges, you can still succeed by using the right strategies. One of the most effective ways to navigate the market—especially in uncertain times—is through creative financing and finding motivated sellers. Let’s dive into what you can expect from the market and how these strategies can help you thrive.

What to Expect from the Real Estate Market

Real estate markets can fluctuate for a variety of reasons, including changes in interest rates, shifts in supply and demand, economic downturns, and external factors like global events or political changes. While it's true that a market crash or downturn may be inevitable at some point, it’s also important to remember that real estate is a long-term game. Markets might dip, but they also rise again. What’s crucial is how you respond to market changes and how you structure your deals to capitalize on opportunities.

In times of uncertainty, many investors fear the worst. But if you can train yourself to read the market correctly and act strategically, you can still create wealth no matter the conditions. The key is knowing ho ... Read More…

We have had several posts with the forecasts & prognostications for 2025’s housing market.  They’re always interesting and exciting to look at.  With that in mind, today’s graphic from Keeping Current Matters takes a look at several “expert” forecasts and puts them all in one place.  Their conculsion; mortgage rates will slightly come down, home prices will rise, and there will be more homes for sale.  Indeed…..Happy investing, stay safe and have a Happy Friday!!!

We are thrilled to announce that Merhawit Scramoncini has achieved the prestigious Ohio Professional Housing Provider (OPHP) status! This remarkable accomplishment is a testament to her dedication, hard work, and unwavering commitment to excellence in the real estate industry.

Merhawit has been an invaluable member of the Greater Dayton Real Estate Investors Association (GDREIA), where she has consistently demonstrated her expertise and passion for real estate. Her journey to achieving the OPHP designation has been marked by her relentless pursuit of knowledge and her desire to provide the highest quality housing for her community.

As a member of GDREIA, Merhawit has not only excelled in her professional endeavors but has also been a source of inspiration and support for her fellow members. Her contributions to the association, including her role in member relations and her active participation in various committees, have made a significant impact on the organization.

Merhawit's achievement of OPHP status is a reflection of her commitment to maintaining the highest standards of professionalism and ethics in the real estate industry. This designation recognizes her extensive knowledge in areas such as landlord-tenant law, fair housing, property management, and more.

We are incredibly proud of Merhawit's accomplishments and are excited to see what the future holds for her. Her dedication to continuous learning and her passion for real estate make her a true leader in the industry.

P ... Read More…

 We sent out word that the Corporate Transparency Act was again on hold, and what do you know? The news has changed again!  Who's paying for all this whiplash?

HERE'S THE MOST RECENT NEWS:   

Justices allow enforcement of corporate transparency law to go forward - SCOTUSblog

⊕  If you value your privacy (and before voluntarily filing your information), we highly recommend you check out this link with more information on the CTA, why you should be concerned, the likely outcomes, and a video announcement from attorney Jeff Watson:  https://marei.org/corporate-transparency-act-unconstitutional/

Should you file now or wait a bit longer? That is up to you and your advisors, but you can't unfile should the rulings change yet again. Check to see what information you might need and be ready. If you have all the required info, it only takes a few minutes per entity to file.

Link to File: https://boiefiling.fincen.gov/fileboir

In case you're still unclear how exactly the CTA affects independent investors, under the Corporate Transparency Act (CTA), independent real estate investors are required to report Beneficial Ownership Information (BOI) to the Financial Crimes Enforcement Network (FinCEN).

     As a beginning investor and newer REIA member, I haven’t had many opportunities yet to discover the potential impact of also being a National REIA and Home Depot ProXtra member.   I am a homeowner though, so of course I have things that break and appliances that wear down that I have to get fixed.  
     I’ll spare you all the messy details, but suffice it to say, my refrigerator recently became too much to deal with and sent me on the hunt for a replacement. I started immediately with a search on the Home Depot app, where I’m registered with my ProXtra discounts, and I wasn’t disappointed!  
     I didn’t need anything top of the line or anything, and with my discounts, I saved a whopping 33% off with ProXtra discount and found a solution under $500!  I also checked around at some major competitors and their prices for the same refrigerator, including discounts, still came in around $50-$100 more. 

Could I have gotten a used refrigerator somewhere else for less? Maybe, but who knows how much life would be left on a large, used appliance like this? Better to go new and trusted, and as both a homeowner and investor, I can really appreciate saving hundreds of dollars on my needs.

I didn’t have to anything special besides enroll and shop!   Greater Dayton REIA Members can enroll quickly by downloading the Home Depot app and following the instructions .pdf found in ... Read More…

A feasibility study is a critical step in real estate investment, offering a detailed analysis of a property’s potential. It helps investors make informed decisions, mitigate risks, and align projects with market conditions, financial goals, and regulatory requirements. Including an architect in this process enhances the study’s accuracy and value by providing expert insights into design, functionality, and compliance.

Key Benefits of a Feasibility Study

1. Risk Mitigation
   A feasibility study identifies challenges such as zoning restrictions, environmental concerns, or construction costs. With an architect involved, these challenges are addressed proactively, ensuring that risks are minimized before development begins. Architects analyze the practicality of design solutions and anticipate structural or site-related complications.
2. Financial Viability
   The study evaluates costs, potential revenues, and ROI. An architect contributes by estimating design and construction expenses based on material selection and project scope. Their insights into cost-effective solutions help ensure financial viability, avoiding unprofitable ventures while maintaining quality.
3. Market Relevance
   By assessing demographics and market trends, feasibility studies ensure projects meet demand. An architect adds value by tailoring designs to target markets, creating spaces that appeal to specific buyers or tenants. Architects also consider how aesthetic and functional features align with ma ... Read More…

•  Learn key financial concepts: Understand how income, expenses, and assets work together to build wealth.
•  Develop investing strategies: Explore different investment options, including real estate, stocks, and businesses.
•  Identify your financial weaknesses: Discover areas where you can improve your financial habits and make smarter decisions.
•  Network with like-minded individuals: Connect with other entrepreneurs, investors, and those seeking financial freedom.
•  Have fun! Cashflow 101 is an engaging and entertaining way to learn about personal finance.

•  Increase their financial literacy.
•  Learn about investing and wealth building.
•  Escape the traditional 9-to-5 lifestyle.
•  Build a stronger financial future.
•  Meet other motivated individuals.