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All Forum Posts by: Steve McGrane

Steve McGrane has started 3 posts and replied 13 times.

Post: Tenants who have dogs

Steve McGranePosted
  • Investor
  • MIlltown, WI
  • Posts 13
  • Votes 3

In addition to Mark's solid advice, I would add an addendum that only authorizes the named and described animal in question so as to solve the problem of pet qty growth.  Talk to a local property lawyer about the issues associated with pets and in particular the emotional support animals.  https://petriepettit.com/ are pretty good.

I have two "Small Western Wisconsin" investments in towns with populations less than 2000.  Ping me direct if you want a little more privacy or reply here.  They are doing well enough for me to be happy.

Hey Nick!

  Are you getting any part of the monthly cashflow?

  Are you responsible for any part of the management or maintenance?

 If no cashflow, are you just getting a straight repayment on a monthly basis?

In other words, what's your risk/reward?

- Steve

I wish we had a group like AASEW in NWW ;-)

See Link - I'm not affiliated with Petrie&Pettit other than being a happy customer.

What are your thoughts on this?

Personally I don't like dealing with the government and the difficulties it imposes and do not accept vouchers.  If the vouchers were better managed for both landlords and tenants, I might be persuaded to change my mind.

http://petriepettit.com/blog/landlord-tenant/milwa...

Post: Wisconsin Landlord Tenant Guide

Steve McGranePosted
  • Investor
  • MIlltown, WI
  • Posts 13
  • Votes 3

There is a link on the 404 page to the new page here:

https://datcp.wi.gov/Pages/Publications/LandlordTenantGuide.aspx

Post: Any Northwest WI Investors?

Steve McGranePosted
  • Investor
  • MIlltown, WI
  • Posts 13
  • Votes 3

Auction today was pretty good.  The plaintiff showed up (bank) and placed their bids on 3 properties... since they get to go first, this is the starting bid.  There was only 1 bidder, and he chose to not bid on 2 of the 3.  He won one auction for $1 over the bank amount and then he didn't have his cash with him and had to run and get it.  We were over in less than 10 minutes.

What I learned was to read the auction listings, drive by the properties and make a decision and then go to the auction.

If the property is confirmed vacant, this is a great way to get a property.  Otherwise there are some "opportunities" that you need to consider.

Post: Any Northwest WI Investors?

Steve McGranePosted
  • Investor
  • MIlltown, WI
  • Posts 13
  • Votes 3

Got a link?

Post: Any Northwest WI Investors?

Steve McGranePosted
  • Investor
  • MIlltown, WI
  • Posts 13
  • Votes 3

I didn't even hear about it... and I've been on the Polk county website and am planning on going tomorrow.  

Right from the website:  "All Sheriff Sales are conducted at 10:00 a.m. Sales are held Tuesday - Thursday. See the sale calendar or the notice. PLACE: The front lobby of the Polk County Justice Center, 1005 W. Main Street, Balsam Lake, WI 54810."

How did you hear about it?  I can certainly be happy with a 3bd for $7500 or less!!!