All Forum Posts by: Sheree Wegenke

Welcome! We currently owner occupy our side by side in GB, been here almost 2yrs. Prior to this we owner occupied our duplex near Milwaukee. We are looking to continue investing in rentals but want to also start flipping as well. Best of luck! 

 Im Wisconsin as well!! Husband actually graduated from oconomowoc! We've been landlords for almost 5yrs now, but just now looking into getting my real estate license & my husband wants to get into flipping full time on top of investing in more rentals

@Andrew Geiwitz thank you very much! I am not 100% sure where id work after, I'm taking my classes at Shorewest, the training they offer after becoming licensed and getting hired sounded pretty promising, so I might look into that otherwise I have been told of a few others as possibilities. I just want to learn as much as possible!

thank you @Brett Kash! I joined both groups! We're about to renovate a kitchen, dining room, office & 2 bathrooms in 1 of our rentals so we plan to document this so we know how long certain sized rooms take and what not & hopefully kind of use that on future flips! I also plan to network as much as possible, I'm finding as many events to attend as well

@Andrew Geiwitz sorry! yes - as an agent, is there a rule on how many properties you can invest in/buy for yourself? I was just wondering for when I become one, if there were any rules when it came to me wanting to purchase the properties  for myself instead. Basically if properties ket hitting the market I was interested in could I keep snagging them up for myself or is there a limit?

@Katy Neubauer thank you! I'm so glad we started that way, it definitely is a great way to gradually get started!

@Carson P. yes I couldn't believe the tenants were only paying $750 for this! I did come from closer to the Milw area and no way could you ever rent a 3bdrm, 1.5ba, 2 car attached garage, etc. for that price! But I do know housing is a bit cheaper up here. We are almost in that exact same location with our property here - we're on the west side also very close to SW HS, are you in a subdivision (we are & id say its a pretty nice area) or on the main road? 

Hi @Carson P. ! Where about is your property? Yes we do see the cash to flow well once moving out. Once we got out the tenants that came with the house, we were able to immediately raise rent by $250 for the next tenant we found. We are actually currently renovating our side to get it ready to move out and get this side rented then too. We will definitely be able to get more rent for this side once its ready! Being only about 5mins from Lambeau I feel helps.

Hi @Andrew Geiwitz! I just signed up for realtor classes that I will be starting at the end of this month. We would like to invest personally as well - as an agent, is there a rule on how many properties you can do that to?

Hi @Scott Rogers! Thank you very much! Yes we made sure to ask around about the area prior to purchasing because we heard the same thing. When we purchased the property, the tenants living here were paying $750, but our new tenant is paying $1,000, we are currently updating our side and plan to ask a little more than that due to our side being a little bit bigger with an additional room and patio doors to the backyard, where the other side does not have.

 Sounds great, thank you very much

 Thank you very much! I found them on FB! I would love to attend local meetups! 

 As a newbie to this wanting to learn the lingo, the ins/outs & just more about how the business runs, where would you recommend I start out? Is there such a thing where I could be an assistant to someone (mentor) so I could have my foot in the door & be able to see/hear things to get any experience?