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Updated almost 10 years ago on . Most recent reply

User Stats

72
Posts
16
Votes
Brandyn Dietman
  • Milwaukee, WI
16
Votes |
72
Posts

Closed On My First Deal!!

Brandyn Dietman
  • Milwaukee, WI
Posted
I just closed on my first deal in West Allis, just west of Milwaukee, Wisconsin!! I wasn't looking in West Allis or for the 3 unit (I was hoping for a 4 unit in a trendier part of town), but the house ended up being in the best shape, and had the best numbers!! The house brings in $2100 ($900 2b/$650 2b/$450 studio) a month in rent, and cash flows $700 a month after mortgage/taxes/insurance! I want to say thank you to all the people here who helped me get to this point after a year of looking and am already looking for the next deal!! I look forward to getting advice from everyone on how to progress forward, and how long to wait before the next deal! -Brandyn

Most Popular Reply

User Stats

5
Posts
3
Votes
Rick S.
  • Real Estate Investor
  • Waukesha, WI
3
Votes |
5
Posts
Rick S.
  • Real Estate Investor
  • Waukesha, WI
Replied

"The house brings in $2100 ($900 2b/$650 2b/$450 studio) a month in rent";  you might want to buy a calculator before your next deal...

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