Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Multi-Family and Apartment Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 8 years ago on . Most recent reply

User Stats

2
Posts
2
Votes
Mike Madeja
  • Chicago, IL
2
Votes |
2
Posts

Milwaukee investing?? (I live in Chicago)

Mike Madeja
  • Chicago, IL
Posted

Hello, just wondering what your thoughts are... I currently live in Chicago. A big reason why I don't want to buy a place here is the mass amount of debt Chicago and Illinois is in. I curiously looked at Milwaukee and the prices seem way cheaper although most of the multiunit housing doesn't look at great visually. Just wondering if any does remote investing like that? It's not that far from me IE I can drive up there. I've been wanting to invest for a while but the whole debt thing scares me. Especially if I have big problems and kills my cash flow.

Most Popular Reply

User Stats

6,130
Posts
5,069
Votes
Brie Schmidt
  • Real Estate Broker
  • Chicago, IL
5,069
Votes |
6,130
Posts
Brie Schmidt
  • Real Estate Broker
  • Chicago, IL
ModeratorReplied

I do!  Feel free to PM me with questions.  

Having properties in both cities I can tell you Milwaukee is much more tenant friendly, but the city is always involved with your business (not in a good way)  properties are cheaper and the rent ratios are higher, but so are the expenses.  It is a lot more work.  

business profile image
Second City Real Estate
5.0 stars
20 Reviews

Loading replies...