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Updated about 6 years ago on . Most recent reply

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Matt Lohry
  • Developer
  • New York City
3
Votes |
1
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Anyone Brrrring in Wisconsin?

Matt Lohry
  • Developer
  • New York City
Posted

Hi BP! 

Introducing myself here as a new member!

I'm currently working in urban development and architecture in New York City, making my first steps towards real estate investing in my home state of Wisconsin (particularly the Fox Valley area).

More specifically i'm looking to invest in a single family rental and then leverage for additional properties. 

My primary markets right now are the Fox Valley, WI and also Hudson Valley and Catskills in New York State. I'm also looking in the following markets: Minneapolis, Newark NJ and Philadelphia. 

Looking forward to learning and contributing to the BP community! 

Matt

Most Popular Reply

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366
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401
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Jack Medford
  • Investor
  • Nipomo, CA
401
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366
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Jack Medford
  • Investor
  • Nipomo, CA
Replied

I'm attempting to BRRRR in the Milwaukee/Racine/Kenosha area. I say attempting because I'm going slow and making sure I'm learning lessons from each new property.

My first property was a duplex and more of a long term BRRRR. I bought with cash with tenants in place, and did rehab on one unit once the tenant left, and will rehab the other when the second tenant leaves in June.

My next property was bought with cash and needed a lot of work before renting. I got nearly all of my capital out after rehab, but had to leave a bit in. It gave me enough to have for another deal, which I am currently pursuing now. 

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