Frank Jermusek discovered his interest in law while in college at The University of St. Thomas in St. Paul. While studying Business at St. Thomas, Frank Jermusek was at the same time working for the Minnesota Investment Firm, Baker Investments. While his main work consisted of managing investments of the company, Frank began working on complex commercial transactions.
About Frank Jermusek
The Jermusek Law Firm, LLC
After studying law at William Mitchell, Frank Jermusek was hired immediately to work as an attorney at Leonard, Street and Deinard. In 2006, he founded his own law firm, The Jermusek Law Firm, LLC, which is based out of Minnesota.
The company is focused on providing sophisticated, creative, and practical solutions for clients dealing with real estate, business, and lending matters. Frank Jermusek has mainly focused his legal practice on business, real estate, lending, and golf/hospitality matters.
SVN | Northco
Working closely with his other Business, SVN | Northco, a real estate and investment firm also operating in the Minnesota area and Twin Cities, Frank Jermusek’s law firm will help individuals and companies across the greater Midwest handle legal work and strategies for real estate transactions, business transactions, and litigation for both.
In terms of real estate, Frank Jermusek’s firm will provide a practical solution to legal matters in purchase & sales, development & construction, debt & equity finance, leasing & property management, loan workouts & restructuring, commercial lending, 1031 Exchange, and, another speciality, Golf Course & Hospitality. In business, his firm will handle the legal work for business formation, contracts, mergers & acquisitions, and corporate finance.
In his work as a legal consultant and attorney at law, Frank Jermusek hopes to provide his clients with planning and preparation that will maximize the profit for their business or institution, and deliver the best possible results for that individual company or service.
Connect with Frank Jermusek
The traditional means of investing in real estate, of course, involves actually owning real estate for some purpose, such as passive rental income. There are other options for real estate investments that don’t require the capital or stress of property ownership. Here are six options to explore.
Real Estate Mutual Funds
Mutual funds allow you to pool money with other investors to buy a collection of securities, bonds, and stocks in a portfolio. A good example of a real estate mutual fund is DFREX which has a long track record, low costs, and is backed by academic research from Nobel-winning economists.
Real Estate ETFs
Exchange-traded funds, or ETFs, are essentially a collection of bonds and/or stocks in one fund. An ETF usually has fewer capital gains than a mutual fund. They work much like mutual funds because they have a low cost and diversification. A real estate-themed ETF can be a smart investment with many options tailored to your risk level and preferred form of real estate.
Real Estate Investment Trusts (REITs)
A REIT is a good option for investing in real estate without buying property. With a REIT, you can diversify your investments based on the type of real estate class the REIT invests in. Keep in mind the Securities and Exchange Commission (SEC) warns against non-traded REITs which have high fees, little transparency, and very little liquidity.
In many housing markets, rising prices are the result of limited housing inventory. It’s predicted that new home construction will surge over the next few decades. Investing in homebuilders like Lennar, D.R. Horton, Toll Brothers, and PulteGroup is another way to invest in real estate.
Real Estate Notes
By investing in real estate notes, you are buying debt at a price below what a retail investor would pay. Investing in notes comes with an important benefit not available when buying physical real estate: multiple exit strategies like loan modification, cash for keys, and foreclosure.
Online Real Estate Investments
An option that’s commonly overlooked is the ability to invest in real estate purchases by other investors. There are a handful of companies like RealtyShares that allow investors to pool money into residential or commercial real estate investments and receive distributions. Money that’s invested may be used to buy apartment buildings, office buildings, homes, and more. The property investors “own” can come with long-term appreciation as well as distributions and dividends.
When it comes to selling, it’s important to determine how much money your home is worth. Fortunately, over the past years, a myriad of online resources have emerged to provide homeowners home estimates. Several different factors contribute to your home’s value, including market trends, neighborhood “comps,” or comparable homes, unique features of your home, and which data is included in the calculation. As a result, these online tools serve as just estimates and should be treated as such. They cannot guarantee a value, especially as they don’t take into account the negotiation skills of sellers and buyers or how recent updates have increased the value of a property.
In addition, online tools use data that’s available to the public. Data used is proprietary, and what data is available also influences estimation accuracy. In this regard, estimates may be different depending on what data methods or tools are used.
With this in mind, estimates are helpful, serving as a baseline. Here are some online tools that can help you estimate your home’s value.
Zillow: With Zillow’s Zestimate, your house’s value is calculated from public and user-submitted data that analyzes location, market conditions, and special features. Zillow also features a Zestimate forecast, a prediction of the house’s Zestimate value one year later.
Redfin: Redfin allows you to estimate how much your home is worth through a free home report. This report shows listing information from the comps analyzed to arrive at your home value. In addition, Redfin also enables you to request a professional estimate with one of its agents.
realtor.com: With realtor.com’s tool, you can track your home’s evaluation, mortgage, and equity. For easy access, the information will display as a graph and show you your home’s progress over time.
Chase: Chase provides a home value estimator tool offers a database of millions of home records to calculate their best valuation. As a result of its database, it’s able to provide information on neighborhood trends and houses that have recently sold.
eppraisal.com: Using your home records, and information on recently sold properties, eppraisal.com’s home value estimator calculates your home’s market value. With the tool, you can receive instant home value estimates, as well as view current listings and recent sales in your area.