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All Forum Posts by: Shawn Ackerman

Shawn Ackerman has started 127 posts and replied 2780 times.

Post: I need to hear “I quit my job!” stories, please!

Shawn Ackerman
Pro Member
Posted
  • Real Estate Entrepreneur
  • Mid West, East Coast
  • Posts 2,923
  • Votes 1,207

@Kyle Robertson If you have 12 months of total monthly expenses set aside then jump. My only concern would be how losing the W-2 income may impact Your future lending.   is your lender more of an asset based institution or do they look more so at the person?  All the best man. 

Post: Want to invest Out of your state? I do, In Milwaukee. Let’s talk

Shawn Ackerman
Pro Member
Posted
  • Real Estate Entrepreneur
  • Mid West, East Coast
  • Posts 2,923
  • Votes 1,207

What’s up guys. I’m Shawn, A NY investor who invests out of the Milwaukee WI market.

1. If you are looking for a market, Learn more about Milwaukee here.

2. If you are seasoned and looking to share your experience investing OOS stop in.

3. If you are thinking of investing but not really sure, come absorb

or if you want to connect with likeminded folk who invest OOS YOU ARE WELCOME TOO.

THIS Friday at 7. See you then

Join Zoom Meeting

https://us04web.zoom.us/j/79049281101?pwd=Z1hIZURtUEw3WW03QmFKTVY2TGdMZz09

Meeting ID: 790 4928 1101

Passcode: 9EQnQr

    Post: Where are you buying for cashflowing properties today?

    Shawn Ackerman
    Pro Member
    Posted
    • Real Estate Entrepreneur
    • Mid West, East Coast
    • Posts 2,923
    • Votes 1,207

    Got this puppy under contract for $84k. Will need about $25k in rehab and will rent for $1650 per month. After Refi should be looking at about $400 in cash flow with about 70% debt on it  

    https://www.zillow.com/homedet...

    Post: Out of State Investing. -Midwest Investing for Cash Flow

    Shawn Ackerman
    Pro Member
    Posted
    • Real Estate Entrepreneur
    • Mid West, East Coast
    • Posts 2,923
    • Votes 1,207

    What’s up guys. I’m Shawn, A NY investor who works out of the Milwaukee WI market. 

    1. If you are looking for a market, Learn more about Milwaukee here. 

    2.  If you are seasoned and looking to share your experience investing OOS stop in. 

    3.  If you are thinking of investing but not really sure, come absorb

    or if you want to connect with likeminded folk who invest OOS YOU ARE WELCOME TOO. 

    THIS Friday at 7. See you then

    Post: Where are you buying for cashflowing properties today?

    Shawn Ackerman
    Pro Member
    Posted
    • Real Estate Entrepreneur
    • Mid West, East Coast
    • Posts 2,923
    • Votes 1,207

    Milwaukee is still a great cash flow market to buy. Havn’t stopped despite COVID. 

    Post: Are Milwaukee $30k duplexes still popular???

    Shawn Ackerman
    Pro Member
    Posted
    • Real Estate Entrepreneur
    • Mid West, East Coast
    • Posts 2,923
    • Votes 1,207

    Are there any Milwaukee investors that only focus  on cash flow or is the natural progression to seek appreciation after reaching your cash flow number?

    Post: Invest in a market that doesn’t appreciate

    Shawn Ackerman
    Pro Member
    Posted
    • Real Estate Entrepreneur
    • Mid West, East Coast
    • Posts 2,923
    • Votes 1,207

    @Juan Quezada I started out investing only for cash flow. Picking up $30k rentals that rent for $1200 per month. There is a time and place for this. I’m now interested in better areas and properties with appreciation growth. Milwaukee is a great market for both. All the best. 

    Post: Group Home/Assisted Living

    Shawn Ackerman
    Pro Member
    Posted
    • Real Estate Entrepreneur
    • Mid West, East Coast
    • Posts 2,923
    • Votes 1,207

    @Robert McAllister That sounds awesome man. Let me know if you are looking for a vacant building. Well I have a line on a 7 building attached property that was formerly run as a senior center. All the best. 

    Post: Tips on how to network for a newbie in Milwaukee, WI?

    Shawn Ackerman
    Pro Member
    Posted
    • Real Estate Entrepreneur
    • Mid West, East Coast
    • Posts 2,923
    • Votes 1,207

    @Alexjovann Guzman get on the phones!!!! Google and call and repeat. Identify what you are looking for and call your potential partners. Let them know who you are, what you are trying to achieve and see if there is an opportunity there. Facebook groups for Milwaukee REI are also helpful. All the best.

    Post: A newbie still learning in Milwaukee, WI 53215

    Shawn Ackerman
    Pro Member
    Posted
    • Real Estate Entrepreneur
    • Mid West, East Coast
    • Posts 2,923
    • Votes 1,207

    @Alexjovann Guzman Welcome to Milwaukee. Best advice I can give is to focus on building your network. Realtor & pm are your starting back court. All the best!!!