Seeking a referral for a good property manager in the Milwaukee market for out of state investor.I have family in the area however I am on the west coast.The property I am looking at acquiring (duplex) has tenants in place, and I am just looking for good property management, eyes on the property etc.Thank you very much!  

I know it isn't a significant amount by many standards, but it will allow you to increase your portfolio and leverage what you have to build equity. 

For what it's worth, my home appraisal increased $10,000 as a result of a $6,500 plumbing "upgrade".For anyone who has ever had a well/septic setup, they'll be quick to point out just how much of a PITA they are to maintain and keep operational at "optimal levels".

Seek distressed sellers that take a little digging to find. 

To get there I am working on increasing my income and reducing my daily living expenses.I had a massive personal budget overhaul about a year ago and reduced my expenses as much as I could, all expenses are planned and budgeted and I know exactly how much cashflow I have each month if there are no unexpected expenses.Part of that is I am focusing on flipping/wholesaling property to build more capital and then use it to buy more rentals as well and focusing on increasing my J.O.B. income until I can do REI full time.I think either route can work, buying only rentals may be a little slower at first but if the equity and cash flow are managed well it can increase more and more.

Whats the average Annual Increase of Rent rates (especially here in BC).

Ryan when dealing with commercial real estate which is five or more units you want to figure out the cap rate and how to improve the property and increase rents.

What are you seeking to gain from joining Bigger Pockets? 

After that, it will become a dance of either having tenants stay and effect small increases annually or lose tenants and then correct at once to market.  

But property prices are increasing so the rents but ratio .5 or so  percent remain same.