Category: Real Estate
The national view of Uptown Apple Store closing
Oct 26I recently saw a post regarding Apple deciding to permanently close the Uptown Apple store, partly due to COVID but also due to the riots and violence in the area. This has also affected how capital sources view the Twin Cities for commercial real estate investments. Beside SaverNotes, I am also a commercial real estate investment banker raising debt and equity for my clients. Here is a…
CONTINUE READING >It’s Ok to Sell the Cabin
Oct 23I kept a copy of Ross Levin’s Star Tribune article from 2019, made a pdf of it, wrote a personal note on it and sent it to our kids. The article states correctly “The cabin is not just a structure, it is an archive of fond memories.” How true. Whenever we get together as a family the cabin comes up in conversation usually with a funny…
CONTINUE READING >Family cabin, Asset or Liability?
Feb 28Inheriting a family cabin can be like a boat. A boat has been described as “a hole in the water in which you pour money into.” A family cabin may turn out to be the same. You may never sell it but only pass it down in your estate. You pay the expenses to keep it up and maybe even enhance it with a gazebo…
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