2/11/2026: Note Lab

 

Minnesota Real Estate Investors Association, Inc.

Minnesota Real Estate Investors Association, Inc.

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A Word from Our Members...

"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."

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

"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!"

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Andrew Eisenhart
MnREIA Member Since October 2022
Andrew EisenhartMnREIA Member Since October 2022

"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."

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Kari Hendlin
MnREIA Member Since March 2023

"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!"

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Donald Kramber
Donald Kramber
MnREIA Member Since 2013

"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."

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Kookie Kong
MnREIA Member since 2023

"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."

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Liz Loveless

Liz Loveless
MnREIA Member Since 2022

"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!"

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Jackie Constantine
Webster, MN
MnREIA Member Since 2010

"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.

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Katia and Russell Harnois
Katia and Russell Harnois
Proud MnREIA Members Since 2017

"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."

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Valerie and Bill Koski
Valerie and Bill Koski
Proud MnREIA Members since 2021

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

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Kevin Meissner
Elk River, MN
MnREIA Member

"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."

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Regina Ramos
MnREIA Member since 2001

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.

Register for your Free Account Today!

From February 10 thru March 24, 2026,
6-Week Smart Start Workshop with Mike Jacka!

Hard-Core Advice from Highly Successful Minnesota Investors...

A comprehensive program designed for both novice and seasoned real estate investors. We will work on forms and contracts so that when that perfect deal comes along, you will have the confidence to make an offer and be able to fill out all the forms and contracts to get the deal closed.  You will even learn how to analyze any single-family deal.

In This Extensive 6-week Course:

  • We Will Cover a Different Topic Every Week
  • You Will Have Weekly Homework Assignments
  • We Will go Through Deal Analysis Every Week
  • Marketing and Research: The first step is to find deals.  
    • Marketing is essential for finding real estate deals because it helps investors uncover opportunities before they hit the mainstream market, giving them a competitive edge. Effective marketing strategies—such as direct mail campaigns, online advertising, networking, and social media outreach—allow investors to connect with motivated sellers, distressed property owners, and off-market deals that traditional listings may not capture.
    • Having a pipeline of consistent leads makes it easier to find deals and work with the motivated sellers that want to work with you, rather than you chasing them in hopes that they will give you a good deal.
  • Foreclosures: A thorough understanding of the foreclosure process is crucial for real estate investors looking to acquire properties from distressed homeowners. 
    • By knowing the legal timelines, lender requirements, and homeowner rights, investors can strategically approach potential deals at the right time—whether during pre-foreclosure, auction, or bank-owned (REO) stages. This knowledge allows investors to craft win-win solutions that help homeowners avoid foreclosure while securing profitable investment opportunities. Additionally, understanding foreclosure laws and negotiation tactics helps investors navigate complex transactions, avoid legal pitfalls, and build credibility with both distressed sellers and financial institutions. The more informed an investor is about foreclosure proceedings, the better positioned they are to identify, negotiate, and close lucrative real estate deals.
  • Subject-To: One of the best ways to acquire properties is to take over sellers existing loans and leave them in place, also known as Subject-To.  
    • Learning the sub-2 process will allow you to purchase more properties that will not affect your debt-to-income ratios; making you an even stronger borrower in the lenders' eyes when you need to apply for bank/financial financing.
    • We will discuss the Due-On-Sale clause that most people misunderstand.  You will become on expert on the Due-On-Sale clause and the Subject-To process in this class.
  • Seller Financing: Contract For Deeds / Lease Options / Subject -To / Wrap Around Mortgages and Seller Carry Back Mortgages
    • There are many different forms of seller financing; subject-to is just one version of seller financing. The more creative you can become in seller financing; the more options you will have to construct deals for both buyers and sellers.
    • A thorough understanding of different interest rate options such as simple vs compounded interest is crucial in your ability to create financial wealth through seller financing. 
    • The true wealth in real estate is achieved through compounded interest and the time value of money.  We will spend a lot of time on this topic as it is one of the most important concepts to learn to truly become successful.
  • Rehabbing and Estimating Repairs: Learning how to estimate repairs for a residential property quickly and accurately is a critical skill for real estate investors, even if the investor has no background in construction.
    • Understanding repair costs allows investors to make informed decisions and avoid overpaying for properties, and accurately calculate potential profits. Without a solid grasp of repair estimates, an investor risks underestimating renovation expenses, which can lead to budget overruns, reduced profit margins, or even financial losses. By learning a systematic approach—such as using cost-per-square-foot estimates, contractor consultations, and/or repair checklists—investors can confidently analyze properties and make offers that reflect the true cost of bringing a home to market value.
    • Additionally, assessing repair costs quickly gives investors a competitive edge in fast-moving markets where deals are won or lost within hours. Instead of relying solely on contractors—who may not always be immediately available, investors who develop this skill can make on-the-spot evaluations and act decisively. Even a basic understanding of repair costs empowers investors to negotiate better deals, secure financing more effectively, and communicate confidently with sellers, contractors, and lenders. Ultimately, mastering repair estimation ensures investors can identify the best opportunities, minimize risk, and maximize their returns in the real estate business.
  • Multiple Offer Strategies: The better you get at making offers, the more deals you will get.
    • The difference between making 40 offers to buy 1 property -vs- making only 5 offers to buy 1 property comes down to your ability to be creative.  The more choices a seller has, the more likely they are to be willing to negotiate with you.
    • You don’t have to play hardball or be cutthroat to be a good negotiator, all you must do is be creative and give the seller options.  One of the main reasons multiple offers improve your odds of getting the deal is that it forces you to think outside the box and collect more information from the seller to give them good and reasonable options to consider. In the process of gathering the necessary information, you are also building rapport with the seller and rapport goes a long way when getting the seller to say yes.
  • Exit Strategies: Rehab / Rent / Wholesale / Seller Finance
    • Knowing what exit strategies work best for different properties also helps you create multiple offers or the best offer for a seller.  If you have multiple exit strategies available to you, then you are more flexible in the ways you can purchase a property, which in turn makes it easier to create multiple offers to the seller.
    • In the long run, a well-rounded investor will usually have a few rental properties to help offset their business/W-2 taxable income. They may wholesale a few deals and do a rehab or two every year.  They should also have some cash-flowing properties in their IRA.
    • There is no "one size fits all," but all investors should be able to handle all sizes of deals with the right training.
  • Your Credit Score and Financial IQ: Improving your credit score and financial IQ are essential for success in real estate investment, as they directly impact your ability to finance deals, manage risk, and maximize profits.
    • A strong credit score allows investors to secure better loan terms, lower interest rates, and higher borrowing limits, enabling them to leverage their capital more efficiently. This means lower monthly payments, increased cash flow, and the ability to scale a real estate portfolio faster. Investors with excellent credit also have access to traditional financing options, such as conventional mortgages and lines of credit, which typically offer better terms than hard money loans or private lenders. Without good credit, investors may be forced to rely on high-interest financing, which can eat away profits and limit the number of deals they can take on.
    • Beyond credit, improving financial IQ is crucial for making sound investment decisions and building long-term wealth. Understanding key financial concepts—such as cash flow analysis, debt-to-income ratios, return on investment (ROI), and leveraging other people’s money (OPM)—enables investors to assess deals accurately while minimizing financial risks. A higher financial IQ helps investors structure deals creatively, optimize tax benefits, and navigating economic shifts with confidence. Those who are financially educated can identify undervalued properties, negotiate effectively, and implement strategies like house hacking, BRRRR (Buy, Rehab, Rent, Refinance, Repeat), and seller financing to maximize returns. Ultimately, a combination of strong credit and financial literacy gives investors the tools to acquire more properties, generate passive income, and achieve financial independence through real estate.
  • Home Equity Line of Credit (HELOC): Using a HELOC to buy real estate investments offers a flexible and cost-effective way to leverage existing home equity to build wealth.
    • A HELOC provides access to revolving credit, allowing investors to fund down payments, cover renovation costs, or even purchase properties outright—without the need for traditional financing. Since HELOCs typically have lower interest rates than hard money loans or private financing, they can significantly reduce borrowing costs and improve cash flow. Additionally, HELOCs offer flexibility, as investors can draw funds as needed and only pay interest on the amount used, making them an excellent tool for short-term acquisitions, fix-and-flip projects, or the BRRRR strategy (Buy, Rehab, Rent, Refinance, Repeat). By tapping into home equity wisely, investors can scale their portfolios faster, take advantage of new opportunities, and increase their overall return on investment while maintaining control over their financing options.
  • Private/Hard Money: The primary difference between hard money and private money lies in its source, terms, and flexibility.
  • Hard Money Loans come from professional lending institutions or specialized hard money lenders, and they are typically secured by the property being purchased. These loans have higher interest rates (often 8-15%), shorter terms (6-24 months), and require points (upfront fees) but are easier to qualify for than traditional bank loans since approval is based more on the deal itself than the borrower’s credit.
  • Private Money, Iin contrast, comes from individual investors—such as friends, family, or networking connections—who lend based on trust, relationships, or mutually beneficial terms. Private money loans often have more flexible structures, negotiable interest rates, and fewer fees, making them a preferred option for experienced investors who build strong networks. While both financing options allow real estate investors to move quickly on deals without the strict requirements of banks, private money often provides better terms, while hard money is more structured and widely available. We will discuss both types of financing as well as how to raise your own private money.
  • Title and Closings: You will learn the types of titles and go over all necessary documents to prepare for successful closings.
  • Bring in your leads and we will analyze them with the class; if you don't have your own leads, we will help you find them!

Register Here

Upcoming Events

February 11
Note Lab

Wednesday 6:30 PM - 8:00 PM

Note Lab is a working group where Wholesalers and RE investors can learn how to use Notes in their creative financing and structure Notes to create a win/win situation for both seller and buyer.

Register for this Event
February 13
Buy-Sell-Trade Mastermind Group

Friday 10:00 AM - 11:00 AM

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

Register for this Event
February 16
Fix & Flippers: Collaborate. Renovate. Elevate. — Happy Hour!

Monday 6:00 PM - 9:00 PM

Grab a drink, pull up a chair, and get ready to talk real deals, real numbers, and real results!

Register for this Event
February 18
Rehab Property Walk Through

Wednesday 7:00 PM - 8:00 PM

Rehab Property Walk Through

Register for this Event
February 25
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!

Register for this Event
February 27
Buy-Sell-Trade Mastermind Group

Friday 10:00 AM - 11:00 AM

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

Register for this Event
March 3
Residential Assisted Living Care Homes

Tuesday 6:00 PM - 9:00 PM

Come and Learn How to Turn a Single-Family Home into a Monthly $5,000-$15,000 Cash Flow!

Register for this Event
March 4
Wholesaling 101

Wednesday 6:00 PM - 9:00 PM

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

Register for this Event
March 9
REI Blackbook Support Group

Monday 6:00 PM - 7:00 PM

Maximize Your Real Estate Profits. Minimize Your Frustrations!

Register for this Event
March 11
Note Lab

Wednesday 6:30 PM - 8:00 PM

Note Lab is a working group where Wholesalers and RE investors can learn how to use Notes in their creative financing and structure Notes to create a win/win situation for both seller and buyer.

Register for this Event
March 13
Buy-Sell-Trade Mastermind Group

Friday 10:00 AM - 11:00 AM

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

Register for this Event
March 16
Fix & Flippers: Collaborate. Renovate. Elevate. — Happy Hour!

Monday 6:00 PM - 9:00 PM

Grab a drink, pull up a chair, and get ready to talk real deals, real numbers, and real results!

Register for this Event
March 18
Rehab Property Walk Through

Wednesday 7:00 PM - 8:00 PM

Rehab Property Walk Through

Register for this Event
March 24
Connected Investors Support Group

Tuesday 6:00 PM - 7:00 PM

Connected Investors Support Group via Zoom

Register for this Event
March 25
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!

Register for this Event
March 27
Buy-Sell-Trade Mastermind Group

Friday 10:00 AM - 11:00 AM

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

Register for this Event
April 1
Wholesaling 101

Wednesday 6:00 PM - 9:00 PM

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

Register for this Event
April 7
Cash Out with Seller Financing & Discounted Notes

Tuesday 6:00 PM - 9:00 PM

We'll learn how to sell a property with seller financing, and cash the seller out with discounted notes.

Register for this Event
April 8
Note Lab

Wednesday 6:30 PM - 8:00 PM

Note Lab is a working group where Wholesalers and RE investors can learn how to use Notes in their creative financing and structure Notes to create a win/win situation for both seller and buyer.

Register for this Event
April 10
Buy-Sell-Trade Mastermind Group

Friday 10:00 AM - 11:00 AM

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

Register for this Event

Latest Property Listings

  • New
TBD 300th Street, New Prague, MN

Single Family | 0 BR

  • For Sale
  • $247,900.00
TBD 300th Street, New Prague, MN

6.23 Acres in New Prague (Le Sueur County). Call/Text Chantel 612-290-4943

  • New
1001 Commerce Dr W, Belle Plaine, MN

Commercial | 0 BR

  • For Sale
  • $876,000.00
1001 Commerce Dr W, Belle Plaine, MN

B-2 Highway Commercial. 8.76 Acres, Seller Financing Available! Call/Text Chantel 612-290-4943

  • New
6340 Waterside Dr., Garrison, MN

Single Family | 4 BR | 2 BA | 2,800 Sq Ft

  • For Sale
  • $215,000.00
6340 Waterside Dr., Garrison, MN

House in Garrison, MN

866 Jessie St, Saint Paul, MN

Multiple Family | 4 BR | 3 BA | 1,742 Sq Ft

  • For Sale
  • $212,000.00
866 Jessie St, Saint Paul, MN

Cash-Flow Triplex in St. Paul – FMV Rents $4,519/mo!

708 Watson Ave, Saint Paul, MN

Single Family | 3 BR | 2 BA | 1,568 Sq Ft

  • For Sale
  • $200,000.00
708 Watson Ave, Saint Paul, MN

Historic 3BR Farmhouse w/ Original Woodwork – Investor Special!

2651 N Thomas Ave, Minneapolis, MN

Single Family | 3 BR | 2 BA | 1,280 Sq Ft

  • For Sale
  • $175,000.00
2651 N Thomas Ave, Minneapolis, MN

North Mpls 3BR Heavy-Cosmetic Play – ARV $250K, Closing 2/20!

364 County Rd C West, Roseville, MN

Single Family | 5 BR | 3 BA | 1,531 Sq Ft

  • For Sale
  • $325,000.00
364 County Rd C West, Roseville, MN

1.028-Acre Heavy Rehab w/ Massive Garage Space – ARV $500K!

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Minnesota Real Estate Investors Association, Inc.

2515 White Bear Ave #211
St Paul, MN 55109
 (763) 432-2809

Proud Chapter of National REIA

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www.MnREIA.com  (Minnesota Real Estate Investors Association, Inc.) does not give legal, tax, economic, or investment advice. MnREIA disclaims all liability for the action or inaction taken or not taken as a result of communications from or to its members, officers, directors, employees and contractors. Each person should consult their own counsel, accountant and other advisors as to legal, tax, economic, investment, and related matters concerning Real Estate and other investments.   

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