All Forum Posts by: Ana Klein

rural area outside of Milwaukee. Town is investing a lot of money into the town. Currently, there is only ONE meter for all three doors, hence why the landlord will always pay for utilities. this is with rent increase by 100 to cover utilities. without rent increase net cash is 168

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*This link comes directly from our calculators, based on information input by the member who posted.

This is an amazing thread! Looks like we have books for days or years haha! 

I am starting “ why the rich are getting richer” 

On deck : the book on managing rentals 

Thank you for taking the time and writing all the numbers, my husband and I are finally ready to take the next step and finding a good deal, in this market. As a first time I appreciate the detailed numbers and also your lessons learned. Yet another reason why I love thos forum! Good luck and kee us posted. Can you explain what seasoning is? 

@Mike McDougell Thank you for sharing that! I am aware of the self-directed IRA which is great!I am going to check them out

@Ryan Janssen yes! How do we learn more about your company and what your services are?

@Joseph Phillip I have a realtor friend who sends me houses but they are still on the MLS. I started to let everyone I know our plan so if they see something we are willing to give them a referral fee if we close on the house. you?

@Lori Greene thank you so much for the detailed explanation- you did not have to do that I appreciate it very much. It sounds like we need to get investors lined up before anything. Once we have the money we can present deals when they come up. In the meantime, we have been analyzing things that come up to make sure we use the 70% rule. 

@Kenya Smith you have deals in WI? or Detroit?

@Jeff Cichocki sounds like HM lending is the way we should go. We have money in our 401k as I mentioned but I would like to not touch that ( tax consequences) instead of trying to save it until we don't need cash and do the self-directed IRA option. I guess now we just need to find HM lenders and also properties and analyze properties!

I will keep you in mind!  

WI Apartment Investors Meet up: Networking Event in Waukesha! its great we meet every month. You can find us in meetup.com