All Forum Posts by: Derry Johnson

I am new to this platform. I’m 25 years old, from the Sheboygan,Wi and I am looking to network with as many real estate investors as possible. I aspire to complete my first fix&flip deal and to invest in Airbnb/rental properties. I just got myself into the game roughly 10 months ago, learning everyday and still hungry to learn more... I want to gain financial freedom in real estate. Looking to network with anyone in the Milwaukee area that shares the same passion!

(Milwaukee, Oak Creek, Waukesha,Brookfield, Kenosha)

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Thank you, I have been tons of researching on these properies and loans and different perks that the city offer. Thank you

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I have been doing a lot of researching on tax foreclosed home in the city, I just want to lnow if anyone in the area has had any luck with them. If so could you provide me with some pros and cons of purchasing city owned property.

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Originally posted by @Jonathan R.:

I invest in the inner city but choose at the moment not to brrrr. Financing is really meant for experienced investors. Buying in cash or with no debt attached to the property is a way to take a more conservative approach toward investing in riskier assets. I may use some leverage at some point but want to build a strong foundation of cashflow the makes me financially free first before leveraging later. I’ll never put my foundation at risk. These types of properties are super cheap, work harder to make the cash needed. Don’t worry if it takes time to build up in the beginning, keep pushing and you’ll get there.

Thank you guys for tour advice and input. With all things considered I feel that starting small and in inner city areas are good ways to get your foot in real estate. With that said i do understand that there will be tenants that will not value your property and more than likely complete trash it sometimes. I am new to real estate investing and wanted to find a way to get my foot in the door.

But thank you

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Hello, BiggerPockets Community

Looking to gain more knowledge by asking experienced investors, "what do you guys think about the brrrr method in the rougher parts of the city?" I had many people that have not really owned real estate saying its a bad idea, I just want to hear what investors and lenders thinks about it.

Thank you

Derry Johnson

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All Forum Posts by: Derry Johnson

Derry Johnson has started 3 posts and replied 5 times.

Post: Looking to Network with Investors in the Milwaukee area!

Post: Tax foreclosures in Milwaukee,Wi.

Post: Tax foreclosures in Milwaukee,Wi.

Post: Brrrr Method In Inner city areas.

Post: Brrrr Method In Inner city areas.