All Forum Posts by: Svetlana Foley

@Jarrod Wright, welcome to BP!  What a small world - my office is in New Berlin, Wisconsin, and majority of nearby Milwaukee and of course New Berlin was founded by German immigrants.  A few hundred years ago there was a serious debate here whether the German should be the official language, since that is what most people were speaking.  Of course, Milwaukee is also famous for the beer and breweries, many of which were started by German immigrants long ago.  I myself was born in Galle, a small town near Leipzig.

Welcome to BP, people here are super helpful!  Good luck with your RE adventures.

Svetlana

Definitely add him to your list on contacts - he is a good person to know around Milwaukee.  Any questions, do not hesitate to ask!

Welcome! Any relationship to  Ramon Jenkins?

@Justin Mountjoy great job having goals and a life plan at a young age!  Good luck to you!

Hi, Meg - 

Waukesha county does not have nearly as many deals/cash flow comparing to Milwaukee, and since the appreciation factor is, generally speaking, significantly higher (outside of the city of Waukesha proper), it is much more difficult to find good deals.  You will also not be able to pick something up for 30k.  If you have a higher budget and looking for more appreciation/less immediate cash flow, Waukesha county is a way to go.

@Tim Tauer, you have a great plan.  Make sure to shop lenders around, as you get the biggest bang for your buck on your first purchase.  US Bank has a dream house loan that is a very good deal, Guaranteed rate will let you get in the first house for 1% down and they will pay 2% of the dp for you. Some restrictions apply, and those are just a couple of the best deals on the market that I am aware of. Best of luck!

Svetlana

Welcome to BP, @Yaniv Kehat! Daniel Hyman is correct - there are so many different types of investments.  If you have more specific questions, feel free to reach out.

Svetlana

@Sendi Becerra good job joining BP community!  Check out the Brew Crew meets-  next one is at the end of January.

@Jun Ku Welcome to BP! Sounds like you have a plan and strategy in place, which is the most important part of starting out.  I am a realtor in Milwaukee - feel free to reach out any time if you have questions about the local market or need help.  There are numerous investors from Illinois, and some even come to the local investor's meetings.  @Brie Schmidt is from Chicago and has multiple holdings in Milwaukee - make sure to check out her and her company.

@Marty Anderson welcome to BP! Make sure to connect with Michael Ouvrard - he is investing on the East Side and will be a great person for you to touch base with.

https://www.biggerpockets.com/forums/223/topics/36...

Good luck!

Svetlana