Groessl, Carney Thorpe, LLCInsurance AgentJeff Farnsworth 30 years as an Insurance AgentCurrently working with multiple Real Estate Investors insuring hundreds of rental units Over 40 years as a Real Estate Investor himself with a passion for historic preservationBankerJeremy CossonExperience & Advantages: Over 15 years as a bankerOver 10 years specializing in Residential Real EstateHas worked with and helped grow the portfolios of many Real Estate Investors throughout Wisconsin.Property Management CompaniesRock County:Milwaukee County:Investment Strategy Purchase Strategy:Buy and hold, multi-unit residential properties with low to no cash out of pocket.Five year Purchase Plan: Year One:purchase 2-3 properties each consisting of 2-4 units.Year Two:purchase 2-3 properties each consisting of 4-16 units.Year Three:purchase 2-3 properties each consisting of 8-24 units.Year Four:purchase 2-3 properties each consisting of 24-50 units.Year Five:purchase 1-2 properties each consisting of 50-200 units.Totaling at least 126 units within five years.Property Criteria Purchase price of at least 10% less than appraised value.Target price is $25,000.00 or less, per unit.Average rents of $550.00 per unit.Minimum cash flow of $100.00 per unit.Targeting “Value Added” type properties, meaning, properties where expenses can be reduced and income can be increased.

We have to be consistent across the board and given the hundreds of new profile photos uploaded daily, the team simply can't make exceptions.  

Most people in life are simply not producers and are not capable of delivering value on a consistent basis.  

We handle the first year maintenance costs using a home warranty (careful here, only a couple of home warranty companies consistently perform.)

What if the neighbors get together and file code violation complaints, on a consistent basis?

Hi all,Haven't been on-line consistently or too frequently.

The property consists of three buildings: a duplex, a one-bed one-bath, and a small studio.  

My background consist of mainly Comercial sales.

I am consistently amazed at your capability and success.  

That move will more than likely consist of at least a two year stint wherever I get placed (high probability places consist of Houston, OKC, or somewhere in LA).