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10 February 2025 | 8 replies
on the one hand, if you're happy with it, and you believe in this market, and this is what you wanted, great. the fact that you're asking the question shows that you're being thoughtful about it.with that said, it sounds like you're into the deal for almost $90K out of pocket, and so if you asked me if i would put $90K of my hard earned cash into a property to get $175 month, the answer is no.
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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!
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7 February 2025 | 3 replies
You can also do value add STR & Multi-Family Rentals by starting with distressed properties and using a bridge loan to acquire them with a lower down payment compared to a DSCR loan.Networking – Connect with local investors, wholesalers, and realtors in your target markets.
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22 February 2025 | 7 replies
Yeah there are some cool ideas here, but I do believe she is skirting some local permit laws.
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26 February 2025 | 0 replies
We used an excellent local bank that helped us to get everything we needed for the construction loan and we were able to fund the entire project without investors.
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22 January 2025 | 8 replies
For my money, I'd look there and let the market bring you up.
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12 February 2025 | 15 replies
Go look at the global market, it's just like that.
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5 February 2025 | 16 replies
When identifying and working with a property manager long distance, quality and local presence matter most.
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24 February 2025 | 35 replies
It more likely may be found with a local investor/teacher doing “hands on” mentoring himself and not through an organization run like a production line.
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11 February 2025 | 4 replies
Being a broker in Western Washington and an investor in Tacoma, I completely understand the challenge of getting started in this market.