Author Archives: RealEstateAdmin

About RealEstateAdmin

Pavel Sakurets has been investing in commercial and residential real estate since 2001. More than 2000 real estate transactions have been completed by him including rehabs, rentals, sheriff's sales, redemptions, mortgage notes, foreclosures, etc. He is a licensed real estate broker and building contractor in MN. Holds MBA in real estate and finance from the University of St Thomas

0% APR loans from the City of St Paul for landlords, up to $30,000 per building

Hi, all. I received a note in the mail today, that the City of St Paul provides 0% APR loans for landlords to complete improvements. For more info visit www.StPaul.gov/RentalRehab

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How to never pay taxes on your profits using self directed IRA buying and selling real estate

I have contacted several IRAs custodians during last 5 years and nobody could explain to me how to open self directed IRA account so my IRA could buy properties and didn’t pay taxes on profits because I had Roth Self … Continue reading

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Why I cancelled my membership with Mpls Association of Realtors

Several weeks ago, I was invited to Mpls association of realtors, because one broker (I will not mention his name) filed a complaint against me because my company has purchased a property that the other broker has listed for 1 … Continue reading

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Fix & flip or to be a landlord?

Many real estate investors get burned out too fast by buying properties, managing them, fixing them and renting them out. In my opinion being a landlord is not a good strategy at all unless you receive a CASH FLOW (not … Continue reading

Posted in Real Estate Investing | Leave a comment

How to become a real estate investor if you do not have cash?

I look back when I bought my first investment property at 120 Quaker Ln N Plymouth MN in 2002. I bought it using a conventional loan with low down payment. Many begging investors do not realize that they could qualify … Continue reading

Posted in Real Estate Investing | 5 Comments

How I lost 30k in one day by trusting Phillip (Blain) Bundy

We had a commercial property listed for sale or rent at 809 Main St Hopkins, MN. I showed it to Phillip (Blain) Bundy, he liked it and said that he wanted to purchase it on rent to own option and … Continue reading

Posted in Real Estate Contracts | 4 Comments