MinneStPopolis is an ethereal city where you “love where you live”. It’s not an actual city, because homes in MinneStPopolis are currently scattered all over the state of Minnesota. Although the largest concentration of homes are in the metropolitan area of Minneapolis/St. Paul, You can find MinneStPopolis homes From Albert Lea, Mn, to the south, to Virginia, Mn, to the north east, to Hendrum/Halstad to the north west areas of the state. MinneStPopolis was born on the core values that the houses haven’t been treated with the proper respect and the families that live in those homes weren’t treated with the proper respect. Many of these homes have raised families for over 100 years. When we remodel them they should be updated to provide homes for families for the next hundred years. Unlike many new paint&carpet remodel jobs, MinneStPopolis homes have updated floorplans to reflect the way people live today with structural improvements, with permanent roofing it doesn’t get damaged every time there’s a hail storm, with all new plumbing, all new electrical, all new high efficiency heating and cooling systems, all contained with New windows, spray foam insulation bringing the R-value up to rival new home construction, with granite countertops, stainless steel appliances, etc. etc. to make it a new home inside the architecturally significant historical shell. We would be terrible house flippers because we are investing for the next hundred years not just to get the best price next month. This significant investment also shows respect for the neighborhood and the city where the home is located.
MinneStPopolis shows respect for the families that live in the homes because we do not sell the homes out from underneath the people. We provide them with support by participating in all kinds of assistance programs. We provide them with modern web based service so their rent payments can be automatically deducted or partial payments made any time. They can order work to be done with their computer or cell phone 24 hrs a day. We follow the HUD published “Fair market rents“ so they know they are always getting a fair deal on the amount of rent charged. All of the families that “ Love where you live“ in the community of MinneStPopolis realize that they are valuable members of the community.
The Schnabel family has been fixing up houses and renting them out for over 30 years, but in the last decade the ownership structure was also updated to modern times by the formation of MinneStPopolis. They do manage homes and properties for other people, but numerous LLC’s or small investment companies were created to enhance the ownership structure. As an example, the homes in Hendrum are owned by UBHomeNow LLC, which honors the historic old sign coming into Hendrum that said “ If you lived here, you would be home now“. That is one of twelve small Real estate investment companies that someone could buy into with their retirement funds in their IRA or other type of tax shelter if they wanted to diversify their investments into real estate. MinneStPopolis Admin LLC could continue to manage it so the investors wouldn’t have to worry about any work or details.
Although there is a MinneStPoplis office in Minneapolis, the main office is on Main Street, next to the bank, in Hendrum Minnesota. So who says you have to go to Wall Street for a good investment?
