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Updated about 8 years ago on . Most recent reply

Aaron Barrett's profile image
Aaron Barrett's profile image
Aaron Barrett
  • from Iola, Wisconsin
  • Member since Sep 2, 2016
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Aaron Barrett's profile image
Aaron Barrett's profile image
Aaron Barrett
  • from Iola, Wisconsin
  • Member since Sep 2, 2016
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Aaron Barrett
  • Iola, WI
7
Votes |
42
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Buying & Selling Real Estate

What's up with Milwaukee?

Aaron Barrett
  • Iola, WI
Posted
I have yet to purchase an investment property so bear with me. Why are there so many incredibly low priced homes in Milwaukee that haven't been bought up by investors? Besides the obvious cost of rehabbing many of them, they would appear to cash flow very well even after repairs? Any insight? Thank you.
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Brock Y.'s profile image
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Brock Y.
  • Investor
  • from Lake Villa, Illinois
  • Member since Jun 18, 2014
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Brock Y.'s profile image
Brock Y.'s profile image
Brock Y.
  • Investor
  • from Lake Villa, Illinois
  • Member since Jun 18, 2014
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Brock Y.
  • Investor
  • Lake Villa, IL
48
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Brock Y.
  • Investor
  • Lake Villa, IL
Replied

$60K rehab for a property that will be worth $30K when it's done is the big reason. 

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