Any landlords in wisconson have a quick percentage rule of thumb

[Bradley Pietrzak]

hey everybody I am just looking at purchasing my first duplex within the year here me and my sweetheart have enough saved for house hack and we are going to move on it I just have a quick question

I just want to be able to sort through property’s fasterdoes anyone in wisconson have a general rule of thumb they use for there cap ex? I’ve heard 8 percent of gross rents before but I am unsure if that fits with your market. Also what’s up with your property taxes? I can still find good property’s or ones that seem like the numbers work but because your property taxes are so high the costs look funny when you run the numbers without a mortgage do they go to anything specific worth while for the community? I just moved here like 2 weeks ago so I am learning a ton.

I also have another question I know this isn’t in all areas but would around 400k here be able to set me free from my day job after I am done with school? If so how would the difficulty go as far as stretching that money out