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All Forum Posts by: Matt Wise

Matt Wise has started 1 posts and replied 7 times.

Post: Wisconsin Apartment Investors Meetup-Appleton Panel Discussion

Matt WisePosted
  • Rental Property Investor
  • Fond du Lac, WI
  • Posts 7
  • Votes 3

Thanks again for putting this together, Derek 

Post: How much interest, # of showings, # of applicants is normal?

Matt WisePosted
  • Rental Property Investor
  • Fond du Lac, WI
  • Posts 7
  • Votes 3

@Kenneth Darden It surely depends on your market and which platforms you market your listing on. From personal experience, I posted on Cozy.co which scrapes listings to Realtor.com, Doorsteps.com and I also added my listings on Craigslist (which got the most exposure). I track my prospective tenant inquiries on a spreadsheet and about 75% came from Craigslist and the rest from the physical sign outside of the property or Cozy's partner sites. My listings were active for about 2 weeks and I got between 20-25 inquiries which over half were immediately ruled out by screening guidelines. I think the class of property/tenant is also a factor on where people look for apartments. I hope this is helpful, I also started out within the last year and wondered about this exact question. Best of luck!

Post: Wisconsin Apartment Investors Meetup- Appleton

Matt WisePosted
  • Rental Property Investor
  • Fond du Lac, WI
  • Posts 7
  • Votes 3

Awesome, it's on the calendar. Thanks!

Post: Wisconsin Apartment Investors Meetup- Appleton

Matt WisePosted
  • Rental Property Investor
  • Fond du Lac, WI
  • Posts 7
  • Votes 3

If you guys have another one of these I would love to join. Thanks! 

Post: New investor in Northeast WI - Closing on first duplex next week

Matt WisePosted
  • Rental Property Investor
  • Fond du Lac, WI
  • Posts 7
  • Votes 3

All, thank you so much for the warm welcome and helpful suggestions! I look forward to networking at the local REIA meetings (Appleton) and taking it to the next level. My goal is another 2 multi-family properties in 2020 and continuing to scale from there. Again, thanks for your time and responses!

Matt

Post: What books are you reading right now?

Matt WisePosted
  • Rental Property Investor
  • Fond du Lac, WI
  • Posts 7
  • Votes 3

REI books, I am currently cruising through Finding and Funding Great Deals as there is some really great content in there. Next on the list, Landlording on Autopilot and Multi-Family Millions.

Business book(s), I just finished the 4-Hour Workweek.

Thanks for all the recommendations. Happy New Year!

Post: New investor in Northeast WI - Closing on first duplex next week

Matt WisePosted
  • Rental Property Investor
  • Fond du Lac, WI
  • Posts 7
  • Votes 3

Hi All,

I am from Fond du Lac, Wisconsin/Fox Cities area and am newer to BP. I got into RE investing this past summer and haven't looked back (daily podcast binges and all). 

I close on my first duplex property next week and am already hunting for the next deal. I am a buy and hold investor and intend to do all of the landlording until I scale and meet/exceed my income goals.

I am interested in hearing your deal-finding strategies and always open to suggestions. Currently, I'm employing direct-mail/driving for dollars and have started building some relationships with agents and other local investors.

Books I've read so far: ABC's of Real Estate Investing, HOLD, 4-Hour Workweek, Finding and Funding Great Deals. Feel free to recommend some!

I am open to and looking forward to connecting with other investors, lenders, contractors, agents, etc.

Let's make 2020 a great year!