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Updated almost 8 years ago on . Most recent reply
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foreign Investor from Israel - first deal in Milwaukee- duplex
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
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@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.
- Jay Hinrichs
- Podcast Guest on Show #222
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