Black Swan Real Estate

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Black Swan Real Estate Brokered by Keller Williams Premier Realty Making the world a better place to live, literally. This is the way.

Investor-focused real estate firm helping driven investors on their journey to financial freedom create life-changing, passive generational wealth through passive income. Black Swan is here with radical transparency, lighting a path to a more elevated business model. We help people looking to rapidly grow their financial resources and people seeking a flexible lifestyle (that doesn’t mean low budget) find a symbiotic relationship. For investors, we offer a full-service partnership. We handle the hassle—everything, from property scouting to managing the purchasing process (we’re real estate agents!) to help with the financing (we’re mortgage pros!) to overseeing the renovations (we have amazing partners!) to outfitting the properties (with taste, style, and quality!) to recruiting tenants (we’re leasing agents!) to manage the day-to-day maintenance and upkeep (we're property managers!). For renters, you are just as valuable as the property owner. We support your freedom goals (financial, living experience, location independence) and lifestyle (pet owner, world traveler). We know that if we expect you to take good care of the property, we will have to take good care of you. That means the highest quality flooring money can buy and stone countertops that will last a lifetime. That means responsiveness to repair requests and troubleshooting. That means never letting the words “it’s just a rental” enter our vocabulary. For communities, we show up for people and make considered decisions about how we do business. We keep properties healthy, making great places for people to live, work, and raise families. We invest in community-driven charities, support young entrepreneurs, and have helped thousands of people thrive in peaceful abundance and positive feedback loops. We are active participants in business communities and local economic development. This is relationship-centric investing and we’re doing it with radical transparency. We’re taking care of people and properties as if they were our own. We’re here to help anyone and everyone live life on their own terms and real estate is the vehicle to do it.

The best kind of passive income is the kind that actually feels passive. That's what we work to create for our investors...
10/08/2026

The best kind of passive income is the kind that actually feels passive.

That's what we work to create for our investors at Black Swan Real Estate. They want investing to be simple, and we love the work that makes it possible.

Behind the scenes, there are leases to manage, repairs to coordinate, vendors to call, and the occasional furnace that decides January is an excellent time to stop working. There's a lot that goes into making real estate a successful long-term investment, and our team handles that work every day.

Elaine captured it perfectly on stage: graceful on the surface, working hard underneath. That's exactly how we want the experience to feel for our investors, and we're happy to do the paddling.

Six refinances on pause. Seven properties under contract.Rates hit a 20-year high, and a lot of operators are walking aw...
10/07/2026

Six refinances on pause. Seven properties under contract.

Rates hit a 20-year high, and a lot of operators are walking away from deals. In our latest Community Power Hour, Nick and Dr. Elaine Stageberg show what we’re doing instead, using live properties and lending conversations from this month.

In the replay:
➡Why we went ahead with a $10,000 appraisal even after the projected refinance proceeds dropped by 90%
➡What Wells Fargo offered us on Southpointe Apartments, something commercial lenders rarely do
➡The deal we could have legally walked away from, and why we stayed
➡What happened the last time rates were this high

We can’t predict where rates go next. We can prepare for wherever they go.

🎥 Watch the replay: youtu.be/4XEAa7Q7NzU

10/06/2026

The numbers only tell you so much.

Walk the property and you start seeing the investment differently.

Financials tell part of the story. The property itself provides another layer of information: condition, operations, capital improvements, resident experience, and the decisions that may be coming next.

At RERL 2026, property tours gave investors the opportunity to see that operating reality firsthand.
The numbers matter.

Understanding what sits behind them makes you a more informed investor.

Our POP UP Community Power Hour is TONIGHT! 🔴Before we meet, try this:If rates dropped 1% tomorrow, what would you do?Wh...
10/06/2026

Our POP UP Community Power Hour is TONIGHT! 🔴

Before we meet, try this:

If rates dropped 1% tomorrow, what would you do?

Which loan would you revisit? Which purchase would you explore? Which lender would you call first?

Write it down. Then look at what you can do today: the research, the conversations, and the paperwork.

That is the work Nick and I are doing inside Black Swan, and tonight we will show you what it looks like.

We are opening up our actual portfolio to talk through our paused refinances, our fixed rate debt, and the buying opportunities we are watching.

There will be time for live Q&A, too!

📅 Tonight, Tuesday, October 6
🕢 5:30pm PT | 7:30pm CT | 8:30pm ET
📍 Live on Zoom

Register now at blackswanteam.com/popup.

We spent $10,000 on an appraisal for a refinance that no longer made sense.Why?We started the lending process expecting ...
10/05/2026

We spent $10,000 on an appraisal for a refinance that no longer made sense.

Why?

We started the lending process expecting more than $1 million in cash out. As rates rose, that number dropped to roughly $100,000.

We paid for the appraisal anyway.

Keeping that file ready gives us an option. If rates come down, we can evaluate the loan on that day’s numbers and decide whether it serves our investors.

Tomorrow, Nick and I are opening up our portfolio live on Zoom to walk you through those decisions.

Come see the refinances we have paused, how our fixed rate debt is serving us, and what we are watching as we consider new acquisitions.

📋 POP UP Community Power Hour
📅 Tomorrow, Tuesday, October 6
🕢 5:30pm PT | 7:30pm CT | 8:30pm ET

The Q&A is live only, so bring your questions!

Register now at blackswanteam.com/popup

The best rooms aren’t the ones where everyone already has the answers.At RERL, we want people asking questions, challeng...
10/03/2026

The best rooms aren’t the ones where everyone already has the answers.

At RERL, we want people asking questions, challenging assumptions, sharing what they’ve learned, and being open about the things they’re still figuring out.

Because when people are willing to share what they know, everyone in the room gets better.

That’s the kind of real estate community we want to keep building.

Pain is part of life. Suffering is optional.In our first years building Black Swan, Nick and I worked through my psychia...
10/03/2026

Pain is part of life. Suffering is optional.

In our first years building Black Swan, Nick and I worked through my psychiatry residency, had babies, and endured many long days.

It was painful. But we had such a compelling vision for our future that the work felt like evidence we were building something.

I come back to that in this market.

We have refinances that no longer make sense at today’s numbers. We are keeping the files current, finishing appraisals, and staying close to our lenders so we can evaluate our options when conditions change.

On Tuesday, Nick and I will show you what that preparation looks like inside our actual portfolio.

Join our POP UP Community Power Hour, with time for your questions!

📅 Tuesday, October 6
🕢 5:30pm PT | 7:30pm CT | 8:30pm ET
📍 Live on Zoom

Register at blackswanteam.com/popup

A couple of weeks ago, an appraiser walked one of our properties, taking photos, measuring units, doing the full workup....
10/02/2026

A couple of weeks ago, an appraiser walked one of our properties, taking photos, measuring units, doing the full workup.

The refinance he was there for was already dead. In the last month rates have suddenly spiked to their highest level in 20 years, and killed that loan weeks before he showed up.

We paid for the appraisal anyway.

Nick and I have half a dozen refinances sitting in that same spot. Every one of them penciled beautifully a month ago, and every one of them is dead in the water today. Nobody would blame us for shelving the whole stack and checking back next year.
We're finishing the appraisals instead, keeping every file current and staying close to our lenders. None of these refinances is a certainty. What the preparation buys us is the option, so when rates move, the decision is sitting in front of us that week, not buried under months of catch-up paperwork.

You can do the same thing this week, whatever you invest in. Write down exactly what you'd do if rates dropped 1% tomorrow, then go do every step on that list that doesn't need the rate drop. The applications, the conversations, the research.

Waiting is not a strategy. Preparing is.

Tuesday night, October 6, we're opening up our portfolio live on Zoom for a pop-up Community Power Hour at 7:30pm CT (8:30pm ET, 5:30pm PT). We'll show you how our fully fixed-rate debt is holding up at a 20-year rate high, how we're staying ready on the refis we've paused, and where we see potential buying opportunities forming.

The Q&A is live only, so bring your questions. Whether you invest with us or you're still learning, you'll get a candid look at how we make decisions when the market shifts.

Reserve your spot here: https://blackswanteam.com/popup/

Even if you can't make it Tuesday, do the exercise. We'd love to see you there!!

A couple of weeks ago, an appraiser walked one of our properties, taking photos, measuring units, doing the full workup....
10/01/2026

A couple of weeks ago, an appraiser walked one of our properties, taking photos, measuring units, doing the full workup.

The refinance he was there for was already dead. Rates at their highest level in 20 years killed that loan weeks before he showed up.
We paid for the appraisal anyway.

Nick and I have half a dozen refinances sitting in that same spot. Every one of them penciled beautifully a year ago, and every one of them is dead in the water today. Nobody would blame us for shelving the whole stack and checking back next year.
We're finishing the appraisals instead, keeping every file current and staying close to our lenders. None of these refinances is a certainty. What the preparation buys us is the option, so when rates move, the decision is sitting in front of us that week, not buried under months of catch-up paperwork.

You can do the same thing this week, whatever you invest in. Write down exactly what you'd do if rates dropped 1% tomorrow, then go do every step on that list that doesn't need the rate drop. The applications, the conversations, the research.
Waiting is not a strategy. Preparing is.

Tuesday night, October 6, we're opening up our portfolio live on Zoom for a pop-up Community Power Hour at 7:30pm CT (8:30pm ET, 5:30pm PT). We'll show you how our fully fixed-rate debt is holding up at a 20-year rate high, how we're staying ready on the refis we've paused, and where we see potential buying opportunities forming.

The Q&A is live only, so bring your questions. Whether you invest with us or you're still learning, you'll get a candid look at how we make decisions when the market shifts.

Reserve your spot here: https://blackswanteam.com/popup/

Even if you can't make it Tuesday, do the exercise. We'd love to see you there!!

10/01/2026

This is what we hoped RERL would be.

A place where people can ask real questions and get honest answers. Where you can sit in the room and learn, then walk through the properties and see it for yourself.

Yes, we talk about real estate. We tour the properties. We talk honestly about what worked, what didn’t, and what we’ve learned along the way.

But RERL has always been about something bigger.

It’s about what becomes possible when your investments begin giving you more freedom, more choices, and more opportunity to make an impact.

Where people share what they’ve learned, what they’re building, and what they want their lives to look like because of it.

And somewhere along the way, a conference starts feeling a whole lot more like a community.

We’re incredibly proud of this one. And even more grateful for the people who made it what it was.

Ready to be in the room for the next RERL? Register for RERL 2027 and be part of it.

RERL2027.com

Address

2765 Commerce Drive NW
Rochester, MN
55901

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