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All Forum Posts by: Jeremiah Pedersen

Jeremiah Pedersen has started 1 posts and replied 16 times.

Post: Purchasing a mobile home from current tenant

Jeremiah PedersenPosted
  • Specialist
  • Redmond, OR
  • Posts 16
  • Votes 7

@Aman S.  To value the MH, I would look up comps on Zillow in your area.  That being said, comps can vary drastically from park to park.  What about making an offer based on the 2% Rule (or better)?

Post: Milwaukee, I need help understanding the city

Jeremiah PedersenPosted
  • Specialist
  • Redmond, OR
  • Posts 16
  • Votes 7

@Account Closed  Sounds good!

Post: Milwaukee, I need help understanding the city

Jeremiah PedersenPosted
  • Specialist
  • Redmond, OR
  • Posts 16
  • Votes 7

@Account Closed

Yes, I looked into that book "Investing in Milwaukee"  Its exactly what I need.  After talking with a few people who are from the area, I was able to get a feel for the culture and area. I like what's going on there and the book is essential. I went ahead and made an offer on 36 properties there and am currently awaiting to see if its accepted. 

If so, would you be interested in purchases some? About half of the properties are duplexes and and all are currently rented.

Post: Milwaukee, I need help understanding the city

Jeremiah PedersenPosted
  • Specialist
  • Redmond, OR
  • Posts 16
  • Votes 7

@DanielHyman 

Thank you, I will look and see if I can find what you recommended. 

Post: Milwaukee, I need help understanding the city

Jeremiah PedersenPosted
  • Specialist
  • Redmond, OR
  • Posts 16
  • Votes 7
Originally posted by @Karsen Mitsche:

What areas in Milwaukee?

 All over the city.  Zip codes where most of the houses are: 53210, 53212, 53206, 53216, 53208, 53218

Post: Milwaukee, I need help understanding the city

Jeremiah PedersenPosted
  • Specialist
  • Redmond, OR
  • Posts 16
  • Votes 7

Im reaching out because we're looking at purchasing some rental properties to flip in Milwaukee. The issue i have is that I am not familiar with Milwaukee and was hoping that you could spare a few minutes to help educate me on the different areas.

More specifically: Neighborhood ratings, Crime, Rent prices in different areas. Im just trying to get a good understanding of the area to help me determine whether these properties will be a good buy or not. Thank you! -Jeremiah