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20 September 2024 | 114 replies
The long-standing average here in Milwaukee is $200 per door.
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10 September 2024 | 14 replies
For example: Milwaukee, WIAirbnb Rental Income: $3,452Airbnb Daily Rate: $128Airbnb Occupancy Rate: 59%Airbnb Cash on Cash Return: 4.22%Median Property Price: $476,223Property Price per Square Foot: $269Days on Market: 49I own 2 STRs in this city and the occupancy rate overall is about 20% according to AirDNA.
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9 September 2024 | 9 replies
15 years of investing in class B single family in Milwaukee with a medium size portfolio: 1 eviction and 3 cash for keys.I am on the board of the RPA Rental Property Association of Wisconsin and 2%-3% sounds about right to me for class C and D portfolios based on what I hear from our members.A good MF portfolio should have under 30% turnover rate, with SF you can get under 20%. 8% eviction seems very high in that context.
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15 September 2024 | 61 replies
It appears he does have the benefit of a window unit.If you do fork over the big bucks for central air; don't renew this guys lease when it normally ends and increase the rent for the next tenant as you are now providing central air in your property.Gail
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10 September 2024 | 23 replies
The question: which CRM software is the best and most functional for a marketing investor that will give me the best bang for my buck?
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11 September 2024 | 20 replies
Lots of properties that are 2nd homes, self-managed by owners who are just hoping to make a few extra bucks, not running a serious business.
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7 September 2024 | 9 replies
Funny, he still patronizes my business but told him he has to be escorted to the waiting room from now on because he's so clumsy.I would have to pay an attorney quite a few bucks or pay the scammer a few bucks to go away.
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9 September 2024 | 23 replies
If they are not paying (I imagine that is the issue), will you go through the whole eviction process over the next few months versus giving them a few hundred bucks?
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8 September 2024 | 13 replies
I don't think the Milwaukee market is that different from Cincinnati, maybe a little less competitive.
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9 September 2024 | 21 replies
Just scroll through these boards and you'll quickly see how badly things can go for amatuer property managers who are trying to save a couple bucks.