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26 January 2025 | 2 replies
Alternatively, put it on the market and give the tenants notice keeping in mind that showing times will have to be done with 24 hours' notice to the tenants.
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22 January 2025 | 0 replies
Being proactive ensures you’re always a step ahead, minimizing risks and keeping your business running smoothly.Example: Imagine you implement an outdated tenant screening policy that inadvertently violates a new anti-discrimination law.
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23 January 2025 | 8 replies
Thanks in advanceDown payment: ~90k (25% downpayment)Rent per month: 2300 (5Bed, 4 Bath) with 2100sqftProperty management: ~150 (monthly)Outstanding loan around : ~268k (7.675% APR) 30years fixedLandlord Insurance: 1500$ (per year)HOA: 1600$ (per year)Keeping an eye on interest rates for refinance, so I can then move this property to an LLC instead.
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5 February 2025 | 4 replies
I would mention the damages to mitigate more however and let them know you will be doing inspections in the future because of what you found unless you are always in there anyways bc things keep breaking anyways.
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5 February 2025 | 14 replies
Yes please keep us posted.
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6 February 2025 | 42 replies
If you are willing to move keep in mind you have a life to live.
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11 January 2025 | 49 replies
As experienced investors keep repeating over and over on BiggerPockets, don't fall in love with an investment property, as it's all about figures.
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28 January 2025 | 42 replies
I think Brett has a Facebook group, let's keep in touch there.
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27 January 2025 | 2 replies
Keep your W-2 job, save, and you’ll be able to afford your next down payment.
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2 February 2025 | 4 replies
Your financial background is a huge asset, and it’s great that you’re starting locally in Milwaukee while keeping an eye on future expansion.If you’re looking to connect with like-minded investors, the Rental Property Association of Wisconsin is a fantastic resource for networking with rental portfolio owners, accessing legal resources, and finding contractors. https://www.aasew.org/For mentors, funding sources, and flippers, the Milwaukee REIA is another great group to explore. https://www.milwaukeereia.com/I’m a member of both and find unique value in each—maybe we’ll cross paths at a future meeting!