Hello from Wisconsin

[Sean Quinn]

Hello Bigger Pockets Community, 

I am excited to be here, to learn and hopefully be a resource for some of you. I am taking the leap into real estate investing. I'm in a position with some equity and liquidity to start building my investment portfolio. I have quite a bit of experience in real estate and RE management, I hope that's is where I can be an asset to some of you all. To start with what I have to offer, I am a facilities director and project manager. Annually, I manage multimillion dollar construction projects and operations of a large scale facility. I'm also a real estate agent, have been a landlord, leasing agent, and property manager. With all of these tools I felt like I have what I need to be comfortable with running my own properties. 

Now for what I am looking for and my goals. I am located in Sheboygan Wisconsin about an hour north of Milwaukee. I want to start to build my portfolio to a point that I can jump into real estate sales full time but still have some cash flow I can rely on. Eventually, my goal is to scale into the development world, but in the meantime, I am looking for my first couple deal. SFH, duplex, fourplex...etc is everything I am interested in. I have great relationships with contractors and other trades to do rehabs, so nothing is off the table. Most important to me is equity, to continue my growth.

Thank you for taking time to read my post. If anything sticks out to you, please feel free to comment and connect. 

-Sean

[Pat Parrillo]

Welcome @Sean Quinn 

Being in Sheboygan, you're in a market with great opportunities for SFHs, duplexes, and fourplexes. I feel the Milwaukee market is getting more competitive every year. Sheboygan I feel still presents some good opportunities. 

Given your focus on equity and scaling for future development, targeting properties where you can force appreciation through value add renovations seems like a natural fit. It sounds like you're looking to balance immediate cash flow with long-term equity growth, which is a solid strategy.

A few ideas to consider:

Local Networking: Connect with other investors in your area or in Milwaukee who might have deals they can't take on themselves. Building relationships with wholesalers and attending local Milwaukee REIA and Rental Property Association of Wisconsin meetups could surface off-market opportunities. I'm sure there are some on the Sheboygan area. I frequent the MKE events.

Leverage Your Skills: Highlight your project management expertise and strong contractor relationships when negotiating deals. Sellers or JV partners may value a hands-off partner who can handle rehabs.

Start with a Strategy: Whether it's BRRRR (Buy, Rehab, Rent, Refinance, Repeat) or simply flipping properties to build capital, define a clear path for your first few deals that aligns with your long-term development goals.

Best of luck finding that first deal, and don’t hesitate to reach out if you need input or connections along the way. Looking forward to seeing your progress!