The consistent population and job growth are driving real estate values along with many companies choosing to move and develop here like Intel, Amazon, Google, Meta, etc.

I looked into this at more than one occasion, because Milwaukee has such an old housing stock, everything is 60-120 years old.Most of the new apartments we see are 4 and 5 star developments with very high rents, this allows to offset the high cost of construction a little better.

I use a spreadsheet I developed to determine my entry costs, carrying costs, cash flow, tax write offs, appreciation and exit costs.

You’ve developed a moderately fast wealth accumulation strategy that’s relatively low risk, enabling you to ride out down cycles, negative cash flows, unexpected necessary expenditures, etc.  

Developing strong financial and business acumen is also crucial for success as an investor, so that’s another area where you could focus your efforts if getting a license doesn’t align with your plans.I’m here as a resource—feel free to reach out if there’s anything I can do to help!

When I purchased my property, I had read all the exciting developments in the works...indoor waterpark, shops, new hotels, restaurants, etc., but was severely disappointed when I went recently with my family. 

Excited to join the BP community.About myself - I am a principal of a RE development company and co-founder of an proptech company. 

Glad you reposted this questions as many people have said in the past- Follow the train stations- Green and Pink lines are still good for developement.

If you decide to go the multifamily route, Real Estate lab .com is a multifamily software for deal analysis plus they have many other useful features. 

To be successful in Miami, you would need to have some serious capital to compete with the groundswell of experienced investors and developers.