Another trick is to be consistent. 

1970717,099−3.3%1980636,212−11.3%1990628,088−1.3%2000596,974−5.0%2010594,833−0.4%2020577,222−3.0%2022 (est.)563,305[10]−2.4%Yeah, I see this all the time: you are confusing the City or Milwaukee with its 580k population with the Milwaukee Metro Area, which consists of 1.6 million people and 19 municipalities.We have seen a population shift from Milwaukee proper to the surrounding municipalities, most of the affluent growing.

That way on a 75-80% cashout you can recoup your cost, and possibly add additional cash to your operating account, to scale your progress toward building a portfolio.It's not going to happen overnight but with consistent investments, each additional property should add equity, cash, and monthly cash flow to your portfolio, causing a compounding effect to allow you to scale.Let me know if you have any further questions, but this seems like a great place for you to start.

Are you aiming for consistent cash flow, or are you more interested in the property's appreciation over time?

Thanks, Ken Bailey I would recommend checking out AirDNA - their data has proven to be pretty consistently good in this regard

Hello all, This will be my first post on BP, and will serve to pose a question to overcome my first hurdle on the road to owning and home and gaining beautiful equity. I'm 24, working in the Texas oilfields, have a Me...

Use a consistent naming convention - ex. 2024.03.25 Home Depot3 Maintain properrecords - Contracts, Settlement Statements, Agreements, Promissory Notes etc.

Thank you for your response, My current income is about 75,000 a year, My credit card debt total is approx 40,000.00 which consists of 2 car payments and medical expenses. about 6000.00 of it is money I loaned or I guess gave to family and friends, Not to mention the cash I have loaned or given away, I am going to stop being a leech and start to put my needs first, I will get there eventuality!!!

But having the right mindset, the right team, and the willingness to be consistent in finding the right opportunities, then it can be done.

When Douglas PM seemed to struggle with renting homes at what they said they could, we specifically recommended another property mngt team that is consistently renting these same exact homes anywhere from $2,350 to $2,550.