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Updated over 3 years ago on . Most recent reply

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Seth Bennett
  • Rental Property Investor
  • Madison, WI
1
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5
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What wiuld you do with 100K in Madison WI

Seth Bennett
  • Rental Property Investor
  • Madison, WI
Posted

What would you do if you had 100K cash? I’m trying to avoid out of state investing because I have property management and contracting experience, so I could cut some expenses on those fronts as long as I can travel there reasonably. I understand 100 can’t get you much in Madison but I would be willing to drive out of town to perform due diligence, maintenance and other operations. Just curious what this forum thinks since there aren’t many people in Madison talking about it.

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Marcus Auerbach
#1 Starting Out Contributor
  • Investor and Real Estate Agent
  • Milwaukee - Mequon, WI
6,456
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Marcus Auerbach
#1 Starting Out Contributor
  • Investor and Real Estate Agent
  • Milwaukee - Mequon, WI
Replied

I agree with Keith, take the conservative path. Plus BRRRR equity is not what it used to be; I consider myself lucky if we finish with 10% equity after a full remodel, but it is more important to me to not touching the building again (capex) for at least 15-20 years.

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