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Updated almost 8 years ago on . Most recent reply

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18
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4
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Felix Baigel
  • Investor
  • San Diego
4
Votes |
18
Posts

foreign Investor from Israel - first deal in Milwaukee- duplex

Felix Baigel
  • Investor
  • San Diego
Posted

Hello,

My name is Felix I am looking for a good market.

I have 70k-100k liquid and am looking for a key people that will help me.

I am currently living in Israel and the ROI here is pretty low (4-5% if you get lucky )

with the numbers that I have you could buy one that can produce that return,

- My goal is to get involve into multi family  .

- I have a syndicator that promotes deal's in Milwaukee market, looks good the return is 10% after expanses and we doing the deal all CASH I think the only problem is that I am don't is it's a good idea to leave the funds for at least 5 years in this market 

Most Popular Reply

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42,800
Posts
63,079
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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
63,079
Votes |
42,800
Posts
Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
Replied

@Felix Baigel  so your thinking a 50k duplex in the US is a smart investment and a safe investment ?

you should come look before you leap  :)  those will be in very rough areas rarely perform like they show on paper.. never go up in value and just are really only appropriate for locals who live there and watch them like a hawk.. tenant base is just too tough to manage from afar.. but you won't know until you try it I guess.

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JLH Capital Partners

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