Single Family Home in Milwaukee, keeping the momentum going!

Single Family Home in Milwaukee, keeping the momentum going!

Investor · Multiple · Member since 2019 · 175 posts · 150 votes

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $120,000
Cash invested: $30,000

Contributors:
Stuart Grazier

Another wonderful little property in Milwaukee. Great team coming together with Storehouse310 Ventures.

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

Storehouse is a great company to work with.

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

I was introduced to Stu Grazier and David Gutierrez from a mutual friend, David Pere 'From Military to Millionaire'

How did you finance this deal?

I used my own money to put 25% down.

How did you add value to the deal?

The rehab was down to the studs. We increased value by finishing the basement, bathroom, and updating the kitchen.

What was the outcome?

Higher than average rent and a solid renter with Smart Asset Realty.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I always enjoy working with Robin Gevaart

2Reply
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Most Popular Reply

Marcus LongPro Member
Rental Property Investor · Leawood, KS · Member since 2016 · 102 posts · 104 votes
6y

Congrats @Travis Hill! You can't go wrong partnering with @Stuart Grazier and the entire Storehouse team! They provide some solid cash flow buy and holds!

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  • Milwaukee, WI · Member since 2017 · 138 posts · 69 votes
    6y

    Congrats @Travis Hill!  What part of Milwaukee is this in and what was your rehab budget?

  • Real Estate Syndicator · Milwaukee, WI · Member since 2018 · 1k+ posts · 907 votes
    6y

    Awesome to hear!  Smart Asset Management is our PM team.  Super solid.

  • Investor · Multiple · Member since 2019 · 175 posts · 150 votes
    6y

    Thanks @Pete Woelfel! It's on 93rd St. The rehab budget is about 40k. I know it will be a great project.

  • Investor · Multiple · Member since 2019 · 175 posts · 150 votes
    6y

    Thanks @Brock Mogensen! Yes, SAR, is a great team. I enjoy Alex and Brian for their expertise. As an out of state investor, I rely heavily on them. 

  • Marcus LongPro Member
    Rental Property Investor · Leawood, KS · Member since 2016 · 102 posts · 104 votes
    6y

    Congrats @Travis Hill! You can't go wrong partnering with @Stuart Grazier and the entire Storehouse team! They provide some solid cash flow buy and holds!

  • Property Manager · Milwaukee · Member since 2020 · 9 posts · 4 votes
    6y

    @Travis Hill Dave,Stu, Robin, and the rest of the Storehouse team are great ppl. Congrats on the new purchase.

  • Investor · Parker, CO · Member since 2016 · 550 posts · 389 votes
    6y

    @Travis Hill Good stuff my friend! Continue to build the empire! 

  • Investor · Milwaukee - Mequon, WI · Member since 2010 · 5k+ posts · 7k+ votes
    6y
    Originally posted by @Travis Hill:

    Thanks @Pete Woelfel! It's on 93rd St. The rehab budget is about 40k. I know it will be a great project.

     Congrats Travis! That's a solid budget - you are doing it the right way!!

  • Investor · Multiple · Member since 2019 · 175 posts · 150 votes
    6y

    Thanks @Marcus Auerbach and @Marcus Long. Very grateful and happy to grow relationships and my portfolio simultaneously. 

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