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All Forum Posts by: Monica Richards

Monica Richards has started 2 posts and replied 7 times.

Post: Two Rivers, WI - Flips or no?

Monica RichardsPosted
  • Wrightstown, WI
  • Posts 7
  • Votes 1

Is Two Rivers, WI a good place for flips?  Does anyone have any recent experience there?

Post: Criminal Activity in Wisconsin

Monica RichardsPosted
  • Wrightstown, WI
  • Posts 7
  • Votes 1

Just curious...

1. How severe does the criminal activity have to be?  Like are we talking any misdemeanor? Felony?  Or like repeated ordinance violations?

2. What kind of proof do you need that it happened?  Is it just your word against theirs?  

Post: Perfect Flip in Milwaukee WI

Monica RichardsPosted
  • Wrightstown, WI
  • Posts 7
  • Votes 1

How did you arrive at that ARV?

Post: Buying A House Someone Was Murdered In

Monica RichardsPosted
  • Wrightstown, WI
  • Posts 7
  • Votes 1

@Matt K.

Do you know if that website tells you the details of the death? Like natural causes, angry spouse, murderous house (like that other one), etc...or just that someone died? It would be 1,000x less awkward to ask the internet than the surviving relative. 

Also, @Russell Brazil Just curious...has anybody died at that house since the address changed? Or is it still for sale?

Post: High bankruptcy rate in small towns

Monica RichardsPosted
  • Wrightstown, WI
  • Posts 7
  • Votes 1

What does it mean when there is a high bankruptcy rate in a small town with no obvious reason? Should we still consider that real estate as an investment opportunity?

Post: Looking for Cash Buyers - Madison, WI / Dane County

Monica RichardsPosted
  • Wrightstown, WI
  • Posts 7
  • Votes 1

Hello, Dustin!

I am looking for a flip opportunity in your area. I'm actually looking for something closer to Wrightstown and, more specifically, on properties with unfinished basements. Do you have anything in that might fit one or both of those criteria?

Post: Armando Montelongo

Monica RichardsPosted
  • Wrightstown, WI
  • Posts 7
  • Votes 1

I guess my sister attended his course some time ago.  I saw the home study kit at her house (all dusty) and she gave it to  me.  I finished reading it and, man!  I ready to buy some Amway!  I'm kidding...but it did bring me here.  

The material is decent but generalized, and I wonder how much of it applies to California or is even applicable today.  The other thing I've noticed is that it is liberally sprinkled with "buzz" words that are used in sales to inspire excitement and action.  At the end of every book I couldn't wait to start the next one and I flat out started looking for houses to buy in the middle of the series!  (I'm sure you've guessed by now that I'm fairly susceptible to suggestion).    

I most definitely would not attend a "workshop".  (If they got my sister to buy the three day course, I'd probably end up signing over my kidneys or something).  Maybe see if you can buy the kit online from another source.  I think most of the information would serve as a good jumping off point and is motivational.  The information on financing seems either entirely inaccurate to begin with or completely outdated.  I mean, maybe that's how they did real estate financial way back in the 1900's but a lot has changed since the turn of the century and lenders seem to be a lot more careful last time I checked.  

Most importantly for me, it was a good read.  At no point did it get boring.  My feeling is, outside of the seminar, it's good stuff.