The Countdown Has Begun...

[Joe Garretson]

Well, back under contract as of this morning. 

This is the second house I've been under contract on in the past 2 weeks. After 2+ years of learning, listening, saving, something switched a month ago and I submitted two offers in 3 days on two properties; one in my home state of Colorado and another 1000 miles away in Milwaukee. The house in CO went to another offer but I was able to get the house in Milwaukee under contract. After inspection, my wife and I decided to back out due to a ton of issues that would have cost $30k+ to address and severely detracted in terms of rental prospects (mold, garage falling down etc). Best $375 I've ever spent.

We submitted another offer late last week on a property in Milwaukee and heard this morning the seller had accepted. Time to start the process again. Am I scared? Beyond belief. All the fundamentals are there with this property. It's in a great area, priced well, rents are decent in the area, the big ticket items we found on the previous property have been dealt with on this one. I have a good team surrounding us to get this closed and rented. It's just the what ifs...

It's Monday 11/13, we're scheduled to close 12/4. I will share the journey here as things unfold. 

[Rebecca Knox]

Also if the property if in City of Milwaukee, you can sign up for DNS ALERTS at https://itmdapps.milwaukee.gov/Enotify/, click on LOCATION BASED SUBSCRIPTIONS and enter the property address. When code violations are issued against the property, you will get an email notifying you.