All Forum Posts by: Jared Michalski

Hello all,

First off Id like to start by saying I haven’t been on BP very much at all since I downloaded the app, so bear with me as I’m still figuring everything out.

I'm currently looking to buy my first investment property, preferably a duplex in the city of West Allis. I'd like to use an FHA loan and house hack the property. I'm looking for an agent to help me on my journey to becoming a landlord. Could any investors in my area recommend me an agent who has successfully helped you purchase an investment property in the Milwaukee area? Or if you are an agent and this sounds like something you would be happy to help me with, can you please contact me so we can start house hunting as soon as possible?

Thanks everyone.

@Jeff Byrne I’ve been dealing with the same issue. At first the negative feedback would beat me down and make me feel stupid for having my own idea of what success is. After reading Rich Dad, it made me realize it’s okay to not want to go to college and live to work. My parents still don’t agree with my plans. I just use their discouragement as motivation to prove them wrong and make them proud. There will always be naysayers no matter what path you choose.

-The fear of spending the rest of my life working for somebody else and never building my own empire.

-I hate the idea of having a boss. Being a grown man and obeying orders for enough money to get by is disheartening.

-My great work ethic and willingness to go the extra mile will be put to better use.

-To finally have the time and energy I need to improve my mental and physical health.

-To make my parents proud while they are still here to see me become successful. And to be able to provide them the life they deserve.

I could spend hours listing all of my “why’s” but in summary it all boils down to having more time and money, and more importantly, to be proud of who I am and what I’ve achieved.

Newbie investor and new to BiggerPockets as well. I’m looking to invest in my first house hack in my hometown of West Allis. My city has gone through a rough patch over the last few years as crime has increased and businesses closed down. However there is suddenly a lot of development in West Allis. New luxury apartments are being built in a few areas of the city as well as businesses such as gas stations, restaurants, a beer garden, a car wash, and some other “trendy” businesses that will bring in a new crowd. Project housing was tore down and abandoned houses were replaced with new homes. Homeowners are rushing to sell their homes and get out of the city due to the increase in crime. My question is, would it be smart to invest in this area with increasing crime, since there is such a huge spike in development right now? Also, on the latest podcast they mentioned we are in a bubble and they expect it to burst in 2-4 years. Should I invest now before development finishes and West Allis goes back to the desirable place to live it once was? Or would that be irrelevant considering theres expected to be a market crash in 2-4 years and values will temporarily drop anyways?

Basically

-I do not want to wait to buy in this area after its too late and development finishes

-I also do not want to buy anything right before a potential crash