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All Forum Posts by: Mark Reed

Mark Reed has started 3 posts and replied 5 times.

Post: Duplex in Milwaukee WI

Mark ReedPosted
  • Rental Property Investor
  • Texas
  • Posts 5
  • Votes 7

1500$ gross but that is undermarket and will be raised to 1650 in 2 months

Post: Duplex in Milwaukee WI

Mark ReedPosted
  • Rental Property Investor
  • Texas
  • Posts 5
  • Votes 7

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $127,000
Cash invested: $25,900

Nice duplex in a nice part of Milwaukee

What made you interested in investing in this type of deal?

Rent vs price

How did you find this deal and how did you negotiate it?

Off market agent in the know informed me, Hard money deal with Visio lending out of Austin TX

Post: 4 Plex Located in Milwaukee

Mark ReedPosted
  • Rental Property Investor
  • Texas
  • Posts 5
  • Votes 7

Sorry this took so long to reply. I have other rentals in other parts of Milwaukee as well.

Post: 4 Plex Located in Milwaukee

Mark ReedPosted
  • Rental Property Investor
  • Texas
  • Posts 5
  • Votes 7

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Milwaukee.

Purchase price: $156,000
Cash invested: $42,000

Long term rental turnkey 1300 cashflow after expenses

What made you interested in investing in this type of deal?

Cashflow the numbers don't lie

How did you find this deal and how did you negotiate it?

My real estate team in Milwaukee

How did you finance this deal?

Hard money 2 year interest only

Post: Single family home buy and hold

Mark ReedPosted
  • Rental Property Investor
  • Texas
  • Posts 5
  • Votes 7

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $115,000

Great location close to schools, fire stations, and shopping

What made you interested in investing in this type of deal?

Location and price

How did you finance this deal?

Bank financed

How did you add value to the deal?

Renovations - New furnace, Bathroom, Master Bed, Roof

What was the outcome?

Currently Renting have 150k in equity in the house

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

123 Reality