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Updated over 1 year ago,
First time invester looking to learn about a new market for out of state investing
I live in a place where the rent to mortgage ratio just doesn't work. I'm heavily leaning towards investing in Milwaukee. I've already found a great real estate guy and lender who are both investors and renters. What I'm missing are a couple of other key people for my team there. I need to find a contractor and a property manager I can trust. Given that this is an out of state investment strategy, the property manager is likely the most important person for my team. I'm about 5-6 months out from having enough for the 25% down payment I'll need for an investment loan on a duplex there to get started. Any tips from out of state investors or people who invest in Milwaukee that might know some trustworthy property managers and/or contractors? Thank you!