BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated over 4 years ago on . Most recent reply
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Remote Investor Looking to Add Properties in Milwaukee
Hello!
I am a remote investor and am building my portfolio in Milwaukee. I am closing on a single family home in a couple of weeks and want to add either high cash flow single family homes or multifamily homes in the next couple of months. I'm open to BRRRR or turnkey - whatever makes the most financial sense.
I’d love to connect with fellow investors and folks who have experience investing in Milwaukee. If you’re in the Nashville area, I’ll buy you a beer or coffee and would love to pick your brain.
Thanks!
Dave
Most Popular Reply
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@Marcus Auerbach - the entry level price for homes in Nashville are climbing rapidly and though that's great for appreciation, I'm looking at lower price points (i.e. - the single family home I'm closing on is 70K and I'll be cashflowing $350/mo). In Nashville, the price / rent ratio isn't as favorable as what I've found in Milwaukee so far. The other school of thought among Nashville investors is buying properties and Airbnb-ing them, but with COVID, that has come to a screeching halt and I'm not too confident in getting into that game until this clears up for good. I could be wrong, but that's what I've found.
@Demetrius Lindsey Hey Demetrius, nice to e-meet you! The property I'm closing on is in N Milwaukee, but am still trying to further learn the market. I'm working with my property manager team on this and should have more insight into this in the coming weeks and would be happy to share what I learn after our conversations!