#98 - From Financial Advisor to Landlord: Mitch McNeil’s First BRRRR

This episode is brought to you by Shuk Rentals. At just $5 a unit per month, it’s worth checking out shukrentals.com or booking a live demo. Book a Shuk Rentals demo — Use discount code TCREI20 for 20% off. Get a $300 maintenance credit when you sign up with RPM Viking Property Management. We recommend Network Title for all your title needs. Visit Network-Title.com. 🎙️ About the TCREI Hosts Adam Tafel – Investor, Realtor, and host of Twin Cities Real Estate Investing. Adam has helped hundreds of clients buy, sell, and analyze investment properties across the metro. He works daily with local investors and is passionate about building wealth through smart real estate strategies. 📩 adam@UpsidePropertySales.com Tim Swierczek – Mortgage lender and experienced investor who helps clients structure financing to maximize returns and long-term wealth. Tim brings a practical, numbers-first approach that makes deals work in the real world. 📩 tim@timswierczek.com 💡 We’d love to meet with you and hear about your investing goals. Book a time with us here: TwinCitiesRealEstateInvesting.com/schedule This week on Twin Cities Real Estate Investing, we sit down with Mitch McNeil, a financial advisor who recently completed his first BRRRR deal—a single-family home in Red Wing, Minnesota. Mitch walks us through the realities of partnering with friends, taking on DIY renovations, watching the timeline stretch, and going over budget. He shares what worked, what he underestimated, and the mistakes he’ll avoid on his next project. Ultimately, this deal was a solid base hit that gave him the education and firsthand experience to take on bigger opportunities in the future. We also tap into Mitch’s financial planning background to discuss trusts, asset protection, tax exposure, and the potential benefits of real estate professional status. It’s an honest conversation with someone who understands financial planning but is still learning the hands-on side of real estate investing—and a reminder that your first deal doesn’t have to be a home run to be a meaningful step forward. If you enjoyed this episode, please subscribe, leave us a review, and share it with another investor who would find it helpful. Your support helps us keep bringing on great guests from around the Twin Cities real estate community. If you’re buying, selling, house hacking, or investing in Minnesota real estate, reach out anytime—we’d love to connect.