All Forum Posts by: Melanie Eden

Hi Elliot,  your rough numbers are very doable in the Milwaukee market.  50k purchase price puts you in some rough areas with high turnover.  better to stay in 70k price point to improve your area and stay time.  always best to buy cash then refy deal by deal.  if you own less then 10 homes with mortgages, that is one type of lending.  If you have more than 10 loans, that is llc lending with a commercial lender.  these loans have higher rates and shorter amoritization schedules. Most property managers have volume discounts. The PM's structure the deal on the front side when you have a few properties and once you have a certain number of properties with them you can negociate the contract. Many good property managers in the Milwaukee market to choose from.  Good luck! Welcome to Milwaukee

2819/21 n 52 milwaukee

Investment Info:

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

Purchase price: $135,000
Cash invested: $8,000
Sale price: $165,000

purchased one of many buy and hold properties. currently willing to sell this one for 165k. has a new roof and upper unit just remodeled. rents 1735 mo

the tenant most likely contacted them.  the city does not need to notify you.  often tenants call for lead if a kid tests high for lead when a blood test is done.  you can call and get an extension, but sadly once you have an order it must be abated and the rules are aweful on who you can use.

Hi Steff,  i am a real estate broker and PM in the Milwaukee area.  feel free to check out my website at www.suvproperties.com and my profile on linkedin or realtor.com

i can be reached at [email protected] or 414-431-3195.

Happy to answer any questions you may have and provide you references to call.

Thanks,

Melanie Eden

please provide the address.

please provide the address.