All Forum Posts by: Eric Maus

Newly remodeled and low maintenance exterior. Fully occupied and ready for the right investor. Upper level should have a higher rent, but seller has chosen not to raise it. Any questions give me a call, text, or email.

Follow this link for more specific room details and information:

http://www.shorewest.com/PUB:2394548?pres_agent=10...

I'm looking to buy a duplex in the Bluemound Heights neighborhood because the property values meet more of my budget. I would be an owner-occupant. What type of neighborhood would you classify it as? I was thinking C-class. Your thoughts? What neighbhorhood would you invest in if you had an under $100,000k budget?

I went to a sheriff's sale the other week. I had done my title search and noticed total liens on the property were $111,000. I get to the Sheriff's sale expecting the property to be listed at that price, but the Sheriff announces the starting bid at $52,000. No one bid on it. 

If I would have bid on the property at $52,000, would I have been responsible for the other liens owned on the property? 

I'm a realtor who lives on 63rd st in Milwaukee, message me if you need help. There's a lot of neighborhoods to pick and choose from, each varies by single-familys to duplexes, to multi-families. It is interesting how block to block the real estate can change. 

 That's good to know. I have actually found a few here in Milwaukee, but I'm still getting my financing together. The one I'm thinking of now is a mixed used, already rented out commercial storefront until 2017 for $1150 with a 2bed and 1bath apartment in the back that either I could occupy or could rent for $650/a month. The property is currently listed for $124,900 and it is across the street from a great neighborhood. 4% int. rate with 20% down.

Since I'm just starting out, I'm curious about other investor's criteria, when met, will make you pull the trigger immediately on a deal. I'm thinking mine is a single family rental home near my house, valued between $65,000 and $130,000. Rented for a monthly NOI of $500 after deducting PITI + $250 just in case expenses. What's yours?

I just started reading Gary Keller's Millionaire Real Estate Investor, and he has an interesting discussion on modeling to avoid making mistakes. I'm curious who is your real estate investor role model and why?

Welcome Anthony, It's good to see another Wisconsinite using this site!

@Lisa Kohl Thank you!

Then what does a real estate lawyer do?