Elaine Stoggerberg, a physician and the founder of Black Swan Real Estate, shares her insights on the importance of due diligence in real estate investments. She delves into evaluating deals, warning against chasing high returns without careful research. The conversation covers financial tools like all-in loans and highlights significant developments in Rochester, Minnesota. Elaine also discusses the pros and cons of private versus public real estate investments, emphasizing the need for aligned interests in private equity.
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volunteer_activism ADVICE
Real Estate Investment Due Diligence
Real estate investing requires thorough due diligence and skepticism of high promised returns.
Diversify your investments and ensure you're financially prepared to lose your entire investment in private real estate.
volunteer_activism ADVICE
All-in-One Mortgage Loan Advice
An all-in-one mortgage/HELOC combo can save modest interest by reducing loan principal using your checking balance.
Consider if the small savings justify the added complexity before adopting this strategy.
insights INSIGHT
Real Estate Wealth Drivers
Real estate wealth grows from cash flow, debt pay down, market and forced appreciation.
The IRS offers tax advantages making real estate a uniquely multi-driver investment for wealth growth.
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Today we are answering some of your real estate questions starting with how to know if a deal is too good to be true and as well as the importance of doing thorough due diligence before investing in any real estate deal. We talk about all in one loans for mortgages and then answer some questions about variable universal life insurance and annuities. We also hear from our friends at Black Swan Real Estate.
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