Below is some copy & paste info about our methodology:----------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

I am on the board of the RPA (Rental Property Association of Wisconsin, a non-profit) and typically hear if things like this are an issue from our members or attorneys.

We do long-term rentals and practice BRRRR on every deal.

Since you already have experience with both short-term and long-term rentals, house hacking a duplex could be a smart next move.

Have to really know what is going on with the areas and how to mitigate things you may not have to often in other rentals.

I buy and hold and do short term rentals and mid term rentals.Located in Racine Wisconsin  Hello Gabriel: I also live in Racine County there are some great deals our way and including southern milwaukee county too!   

Quote from @Cameron Marmon: Hello everyone,In July 2024, I created a partnership LLC with my girlfriend to buy a rental property.

Hi Ryan, Sounds awesome, me and my husband are doing our investments together also and really love to connect with more couples :) We are new to these areas and looking for rentals that works with BRRRR which is our main strategy, did you try to find BRRRR or do you prefer flips and STR?

@Edgar Duarte Selling now under the primary residence exclusion avoids capital gains taxes, allowing you to reinvest the $500K equity in diversified assets like index funds or additional rental properties.

As a Mexican realtor, I’ve worked with clients alongside an accountant to simplify the process, including setting up the necessary bank account for rental income.Let me know if you'd like more guidance!