MnREIA

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A Word from Our Members...

"We became members just after live meetings resumed in February 2021. We heard about MnREIA several years before that when Bill was a licensed realtor. In 2021, we connected with a member who encouraged us to be a part of the group to promote me (Valerie) as a mortgage loan officer. We love the education, resources, leadership, and connections we have made with other investors through MnREIA. Mike’s market analysis is very informative, and we have had many opportunities to use and that share information. We are proud members of MnREIA and use our membership for credibility when talking to buyers and sellers. If you are on the fence about joining MnREIA, know that MnREIA is a one-stop shop for all the tools you need to be successful in real estate investing."

Valerie and Bill Koski
Proud MnREIA Members since 2021

"I looked up my local REIA group to find a local resource for continuing to learn about real estate investing after kicking off my first STR in Florida. I like the relevant topics although I heavily focused on local investing and long-term rentals which are not relevant to me yet. I appreciate the recordings of meetings I'm not able to attend in person, which have been most of the summer. I would love more training in evaluating properties as the market continues to shift, making offers and how to be creative, creative borrowing and how to ensure the best deal. I appreciated learning about land trusts which are all the buzzes."

Kari Hendlin
MnREIA Member Since March 2023

"I first heard about MnREIA by googling it. I enjoy attending structured events. I have learned a lot about subject to, lease options, and rent to own. The content that is taught, the training, and the networking keep me coming back. I would love more in-depth training on marketing tactics, wholesaling, and writing subject to offers. Learning how to find deals in The Hidden Market with Tony Youngs has helped me to become a successful real estate investor. Advice I would give to someone that is on the fence about joining MnREIA……you need to try it out for a year, get involved, and be part of this great community!"

Andrew Eisenhart
MnREIA Member Since October 2022

"MNREIA is where I went from an unorganized wholesaler to having a partner that has automated our systems to allow us to grow into a business together and show others the ropes as I was shown."

Layton Erickson
Minneapolis, MN
MnREIA Member

"I heard about MnREIA from Hmong Wealth Builders online. I like the fact that MnREIA is very open, and they make you feel very welcome. I have learned about ARV and other abbreviations people use when investing since joining MnREIA. I appreciate that the people of MnREIA are very open-minded, and they share a lot of their good and bad experiences. I would appreciate more training on getting out of my comfort zone and taking some risks. I finally learned what wholesalers do and how they find properties. Some tips I would share with new investors would be: if the numbers are right, invest. Don’t wait for a good investment, go look for one. Networking makes life easier when looking for help. Keep coming to MnREIA even though (some of) the training is the same every month, you’ll grow faster."

Kookie Kong
MnREIA Member since 2023

"Listen, there are a lot of classes and gurus that ask for thousands of dollars for memberships. We tried some of them as well. MNREIA is THE BEST; you get so much networking and classes, and monthly membership is affordable to EVERYBODY. If you are a beginner: there is no better place to start. If you cannot make enough to cover the small cost of a MNREIA membership from real estate, then real estate is not for you. In this case at least you are not going to lose thousands of dollars to figure it out.

Katia and Russell Harnois
Proud MnREIA Members Since 2017

"I took a course called "The Flipping Formula". They recommended that I look up a local REIA to find investors who also wholesale. I went to the internet and found MnREIA. The rest is history. I like the format of the meetings, the market update, the haves and wants, as well as the monthly speakers. I find it very helpful that a diverse set of speakers is presented as I believe there is no one speaker who is best for everyone. I like that there really are others like me in this business! I also learned that there is more than one way to invest in real estate. If I keep learning and meeting new people, I plan to stay! Although life and medical problems have kept me too busy to have had any successes yet, I have learned some valuable topics like: Multiple offers, Creative Financing, and Tony Youngs "Hidden Market." I have only two tips, join and come to the meetings. Okay, a third one also, talk to people at the meetings! Also, it wouldn't hurt you to say thanks to Mike now and then because he does a lot of work to make MnREIA so worthwhile!"

Donald Kramber
MnREIA Member Since 2013

"I have been a member of MnREIA since 2021. I heard about this group through my partner, Nene Matey-Keke. I like the networking and training I receive through MnREIA and learning different real estate investing strategies. I enjoy building relationships with other members and learning about real estate investing. I would like to learn more about wholesaling and buying properties subject to. Learning how to calculate estimates for rehab repairs and ARV has helped me become a successful real estate investor. If you’re serious about investing in real estate, then you have to become a member of the best association with all the resources you need."

Regina Ramos
MnREIA Member since 2001

"I joined in 2004! The gurus said join a local REIA! Mike runs an awesome group here! Networking and education!"

Kevin Meissner
Elk River, MN
MnREIA Member

"Through the education I have received through MnREIA I have successfully rehabbed and sold (all in less than 2 weeks!) several investment properties. I am now buying and holding properties, selling them on lease options. I love MnREIA and invite everyone I know and meet!"

Jackie Constantine
Webster, MN
MnREIA Member Since 2010

"I have been a MnREIA member for about a year now. I heard about it from my loan officer. I consider myself a successful real estate investor and feel this is a great place to find good potential investment properties."

Liz Loveless
MnREIA Member Since 2022

"I joined MnREIA in 2015 because it was highly advised by my mentor at Advanced Real Estate Education. My goals when I joined were to acquire properties to rehab and to invest in other real estate investors projects and now my goals are to basically acquire properties to fix and flips and retire by 2025. I have paid for the following training outside of MnREIA - Advanced Real Estate Education totaling $77,000.00. I continue to be a part of MnREIA because I can continue to stay educated in the field of real estate. The best advice I can give to someone who isn’t ready to join as a member is to stay in touch with the person that invited you and see if what you have to offer can make yourself and the organization stronger. MnREIA is valuable to me because I can learn from others and now know where I can turn for the quality assistance, I need to complete my projects."

Dalal "D" Ahmad
MnREIA Ambassador & Real Estate Investor
MnREIA Member Since 2015

Minnesota Real Estate Investors Association, Inc.

The Largest REIA in the Upper Midwest and Voted the #1 REIA in Minnesota by the Top Association Leaders and National Speakers in the Country!!!

MnREIA is a Community of Real Estate Investors that strive to provide the most current, relevant, and fresh training from the top leaders in the Real Estate Industry.

June 2024 Main Meeting with...
Mike Jacka Featuring Land Trusts!

Event Details:

Tuesday, June 4th
6:00 PM to 9:00 PM

Meeting Location:
Banquets of Minnesota
6310 Highway 65 NE
Fridley, MN 55432
Google Map

Land Trusts are the ultimate in privacy, if you know how to use them and understand the simple legislation that regulates them, or should I say protects our right to use them.

Do you use Land Trusts, or do you put your investment properties in your own name for all the predators and creditors to find? I hope not!

Everyone has heard about Land Trusts and they know they should be using them.

A Land Trust keeps your name or your corporations name off public records. It gives you a certain level of privacy.

There are sooo many benefits to using Land Trusts, and I don't know of any negatives related to using them. There is very minimal paper work involved; that takes maybe 5 extra minutes to prepare. There are no separate tax reporting issues to deal with because the IRS considers a Land Trust to be a Flow-Through-Entity, which means that you report the property on your own (or your corporations) tax report.

Why use a Land Trust?

Privacy. A land trust keeps your name or your companies name off of public records and out of the chain of title. Privacy is extremely important to most people who don’t want others knowing what they own. For example, if you own several properties within a city that has strict code enforcement, you could end up being hauled into court for too many violations, even minor ones. Having your real estate titled in land trusts makes it difficult for city code enforcement to find who the owner is, since the trust agreement is not public record for everyone to see.
Discourages Frivolous Litigation. Maybe you upset an annoying tenant because you charged them a lost key charge because they keep losing it or whatever other crazy reason some tenants find to sue you, just because that is how they roll. If you have all your properties in separate land trusts, which each have a separate name, then it will become extremely difficult for a lawyer to run an asset search on you and/or very expensive for the tenant to pursue their frivolous law suit, so they usually just go away.
Protect your Properties from Personal Liens. If you are sued personally or file bankruptcy, it will not affect your properties that are in land trusts because they are not in your name and you are not the owner of record, or legal title holder. You have a beneficial interest in the properties, but your name is not attached to the properties from a legal stand point.
Land Trusts are Assignable/Wholesalable. The ownership of a land trust (called the “beneficial interest”) is assignable, similar to the way stock in a corporation is assignable. Once property is title in trust, the beneficiary of the trust can be changed without changing title to the property. This can be very advantageous in the case of a real estate contract that is non-assignable, such as in the case of a bank-owned or HUD property. Instead of making your offer in your own name, make the offer in the name of a land trust, then assign your interest in the land trust to a third party at or after closing avoiding the whole seasoning issue.

What will be covered:

Naming Land Trusts
Naming a Successor Beneficiary
Changing Trustees
Selling a Trust Property
What gets Recorded

Upcoming Events

May 21

Landlord Tips and Tricks

Tuesday 6:00 PM - 8:00 PM

Landlord Tips and Trick with Katia-What to look out for to avoid costly Evictions

May 22

House Hacking with Pete Moy and Aaron Rouser

Wednesday 6:00 PM - 9:00 PM

House hacking is the proper application of an owner occupying a property, where a person buys a duplex, triplex or fourplex, lives in one unit and rents out the rest.

May 22

Cash Flow 101 & 202 Game Night

Wednesday 6:00 PM - 10:00 PM

The object is to get out of the rat race, see how much fun it can be!

May 23

Networking Luncheon

Thursday 11:30 AM - 1:00 PM

Questions on closing a Sub 2 or Contract for Deed property? All members will get the chance to have a Q & A Session with Ashley Selle, Executive Closer at Lendserv Title.

May 23

Lumos REI Mastermind

Thursday 5:30 PM - 6:30 PM

Whether you’re a seasoned real estate professional or just starting out, Lumos's community offers invaluable resources and support to help you succeed.

May 23

W.I.R.E. Women In Real Estate

Thursday 7:00 PM - 8:30 PM

This group is open to women from all backgrounds! This is a focus group for women only. During the meetings we will talk about current deals that you fabulous women are working on and discuss the challenges and successes you are having.

May 24

Buy-Sell-Trade Mastermind Group

Friday 10:00 AM - 11:00 AM

Bi-Weekly Mastermind group for creative deal structuring with real live opportunities.

May 28

Connected Investors Support Group

Tuesday 6:00 PM - 7:30 PM

Connected Investors Support Group via Zoom

May 28

Lifeonaire Local Connect Group

Tuesday 6:30 PM - 8:00 PM

What are Local Connect Groups? They are groups that meet up monthly to discuss new, proven real estate investing strategies and Lifeonaire principles that work in the real world.

May 30

Lumos REI Mastermind

Thursday 5:30 PM - 6:30 PM

Whether you’re a seasoned real estate professional or just starting out, Lumos's community offers invaluable resources and support to help you succeed.

June 4

Main Monthly Meeting - Land Trusts

Tuesday 6:00 PM - 9:00 PM

Land Trusts are the ultimate in privacy, if you know how to use them and understand the simple legislation that regulates them, or should I say protects our right to use them.

June 5

Wholesaling 101

Wednesday 6:00 PM - 9:00 PM

We'll cover the basics of wholesaling and a few advanced strategies.

June 6

Apartment Investors Group

Thursday 11:30 AM - 1:00 PM

Network with like-minded investors who own or are looking to own apartments and other commercial properties such as office buildings, storage facilities, mobile home parks, strip malls, retail centers, even casinos.

June 6

Lumos REI Mastermind

Thursday 5:30 PM - 6:30 PM

Whether you’re a seasoned real estate professional or just starting out, Lumos's community offers invaluable resources and support to help you succeed.

June 7

Buy-Sell-Trade Mastermind Group

Friday 10:00 AM - 11:00 AM

Bi-Weekly Mastermind group for creative deal structuring with real live opportunities.

June 8

Land Trust Workshop

Saturday 9:00 AM - 3:00 PM

If you're not using Land Trusts, you should be.

June 13

Lumos REI Mastermind

Thursday 5:30 PM - 6:30 PM

Whether you’re a seasoned real estate professional or just starting out, Lumos's community offers invaluable resources and support to help you succeed.

June 13

House Hacking with Justin Larson and Aaron Rouser

Thursday 6:00 PM - 9:00 PM

House hacking is the proper application of an owner occupying a property, where a person buys a duplex, triplex or fourplex, lives in one unit and rents out the rest.

June 18

Landlord Tips and Tricks

Tuesday 6:00 PM - 8:00 PM

Landlord Tips and Trick with Katia-What to look out for to avoid costly Evictions

June 19

Rehab Property Walk Through

Wednesday 7:00 PM - 8:00 PM

Rehab Property Walk Through

June 20

Lumos REI Mastermind

Thursday 5:30 PM - 6:30 PM

Whether you’re a seasoned real estate professional or just starting out, Lumos's community offers invaluable resources and support to help you succeed.

June 21

Buy-Sell-Trade Mastermind Group

Friday 10:00 AM - 11:00 AM

Bi-Weekly Mastermind group for creative deal structuring with real live opportunities.

June 25

Lifeonaire Local Connect Group

Tuesday 6:30 PM - 8:00 PM

What are Local Connect Groups? They are groups that meet up monthly to discuss new, proven real estate investing strategies and Lifeonaire principles that work in the real world.

June 26

Networking Luncheon

Wednesday 11:30 AM - 1:00 PM

All members will get a Q & A with Kathy Mell-Bowers and Matt Benson

June 26

House Hacking with Pete Moy and Aaron Rouser

Wednesday 6:00 PM - 9:00 PM

House hacking is the proper application of an owner occupying a property, where a person buys a duplex, triplex or fourplex, lives in one unit and rents out the rest.

June 26

CashFlow 101 & 202 Game Night

Wednesday 6:00 PM - 10:00 PM

The object is to get out of the rat race, see how much fun it can be!

June 27

Lumos REI Mastermind

Thursday 5:30 PM - 6:30 PM

Whether you’re a seasoned real estate professional or just starting out, Lumos's community offers invaluable resources and support to help you succeed.

June 27

W.I.R.E. Women In Real Estate

Thursday 7:00 PM - 8:30 PM

July 2

Main Monthly Meeting

Tuesday 6:00 PM - 9:00 PM

Pine Financial

July 3

Wholesaling 101

Wednesday 6:00 PM - 9:00 PM

We'll cover the basics of wholesaling and a few advanced strategies.

July 4

Apartment Investors Group

Thursday 11:30 AM - 1:00 PM

July 4

Lumos REI Mastermind

Thursday 5:30 PM - 6:30 PM

Whether you’re a seasoned real estate professional or just starting out, Lumos's community offers invaluable resources and support to help you succeed.

July 5

Buy-Sell-Trade Mastermind Group

Friday 10:00 AM - 11:00 AM

Bi-Weekly Mastermind group for creative deal structuring with real live opportunities.

July 11

Lumos REI Mastermind

Thursday 5:30 PM - 6:30 PM

Whether you’re a seasoned real estate professional or just starting out, Lumos's community offers invaluable resources and support to help you succeed.

July 11

House Hacking with Justin Larson and Aaron Rouser

Thursday 6:00 PM - 9:00 PM

House hacking is the proper application of an owner occupying a property, where a person buys a duplex, triplex or fourplex, lives in one unit and rents out the rest.