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Apr 18, 2018

Suzanne Griffiths is a real estate investor focused on serving the single-family residential market in the Minnesota area. She is the owner of Level 5 Properties, a company that prides itself on having a personal approach with each customer to cater to their individual needs properly. Their company specializes in first time home buyer programs, over-leveraged properties, and relocation assistance among other services. Suzanne is also a partner at another real estate firm, 45 North Investment Properties.

Today, Suzanne shares what it is like being in the real estate industry since the crash of 2008. She describes what her business was like before it happened as well as the many lessons she’s learned since the crash. She also explains what it’s like to be an investor with a background in contracting as well as what the Mechanic’s Lien Law is all about.

 

“There are so many different places to invest in real estate. You need to make sure you are in the right place for you.” – Suzanne Griffiths

 

On Today’s Episode of Flip Talk:

  • How she got started in real estate.
  • What her company was doing when the market crashed in 2008.
  • How did the crash change the way they do their business?
  • Does having a contracting background hindered her business?
  • States that have strict licensing rules.
  • The Mechanic's Lien Law and how it works in Minnesota.
  • Her current buying tactics and strategies.
  • How she manages her work-life balance.

 

Suzanne Griffiths’ Tips for Getting into Real Estate Investing:

  • Never sign a vendor's or a contractor's contract; always use your own.
  • This is a hot market but pay attention to indicators because this won't last forever.

 

Resources Mentioned:

 

Connect with Suzanne Griffiths:

 


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