Buy and Hold-Milwaukee (Bay View)

[Teresa Machi]

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Bay View.

Purchase price: $150,000
Cash invested: $30,000

Here are Before and After pictures of a unit in Bay View (Milwaukee, WI). We bought and renovated in cash. We renovate every unit to get higher rents and to have less stress while the tenant is living in the unit. We ripped out the ugly flooring in the kitchen and refinished the beautiful hardwoods underneath along with new cabinets, ss appliances and granite. We will eventually BRRRR and when we do, we estimate a cashflow of $1K each month.

What made you interested in investing in this type of deal?

I'm mainly a buy and hold investor that loves cashflow and wealth building

How did you find this deal and how did you negotiate it?

MLS. We made the offer attractive by having no contingencies and using cash.

How did you finance this deal?

Cash, Money.