Common Mistakes of First Time Homebuyers, Keeping up With a Rental Property, Interest Rate Predictions

About this episode

The episode discusses common mistakes made by first-time homebuyers, challenges in rental property management, and predictions for interest rates amidst ongoing market impacts from the war in Iran.

How the war in Iran continues to have an ongoing impact on the market. What are some of the biggest mistakes a first time homebuyer can make? What to do when property managers are not maintaining their rental property? How much leverage do renters have? What to know before becoming a land lord. When we predict rates will drop again. Any questions ask Ryan O'Neil and Scott Wollmering of Re/Max Advantage Plus. You can reach them at 612-294-6949 and call Mike Ouverson with luminate home loans at 612-202-8321. And call Steve Stalock of WIN Home Inspections at 952-891-4455. Help the O’Neill Foundation of Hope at oneillhope.org.

People in this episode

Guests: Ryan O'Neil, Scott Wollmering

Topics covered

• first time homebuyers
• rental property management
• interest rate predictions
• real estate market impact
• landlord advice

Keywords

• homebuyer mistakes
• rental property
• interest rates
• real estate advice
• landlord tips

Mentioned in this episode

Organizations: Re/Max Advantage Plus, luminate home loans, WIN Home Inspections, O’Neill Foundation of Hope

Places: Iran

More episodes of Minnesota Real Estate Show

• Housing Features, Financial State of the Market, and Twin Cities Market Currently! · June 6, 2026 · 37 min
• Explaining Auxiliary Dwelling Units, Considering Reverse Mortgages, Using the "Coming Soon" Feature · May 30, 2026 · 42 min
• Market Listings, Collaborating Businesses with Real Estate, and Associations! · May 23, 2026 · 39 min
• Is the Dining Room Dead? Where Carpet Should Not Be, Why Price Reductions Matter · May 16, 2026 · 41 min
• New Listings on the Rise, Weirdest Things Found in a Home Showing, Best Selling Feature in a House · May 9, 2026 · 41 min
• The Number of Days a Home is on the Market, Guaranteed Sale Questions, Finding Value in a Business · May 2, 2026 · 41 min