Milwaukee Utilities - Multi-Family

[Michael Fuchs]

Hi,

I am trying to dip my feet in the water as a new investor and analyze properties using the calculators on BP but I don't have a general idea of expenses in Milwaukee. In a multi-family home in the Milwaukee area west of 60th st, do tenants typically pay their all of their own utilities are or does it vary on the type of property you buy and how the utilities are connected? Also, does anybody have a recommended agent that is investor-friendly to new investors? 

-Michael 

[Greg Schneider]

Hi Michael,

I've heard that water in milwaukee is a notable cost based on acquaintances that live there. I am in the suburbs, but served by Milwaukee water and sewer and costs are usually 250-275 quarterly for a SFH...I guess it will depend on usage.

When I rented, I paid electricity/ heat,  but water, sewer and trash were covered by the landlord.

I am at the same point as you and just starting out with investing.  PM me if you want more details.

Greg