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Finally Active Member! Milwaukee WI

19 posts by 8 users

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Brian Feltz

Wholesaler from Milwaukee, Wisconsin

Feb 23 '13, 08:49 AM


My name is Brian, I am a long time reader, first time poster. Ive been listening to the BiggerPockets podcast and reading as much as I can. I am beginning as a wholesaler with my plan being to build up capital and move into flipping and holding.



Joel Owens Moderator

Commercial Real Estate Broker from Canton, Georgia

Feb 23 '13, 08:56 AM


Hi Brian,

Welcome to Bigger Pockets and getting active by posting. Posting is fun because you can also get some of your individual questions answered.



Medium_allworldrealtyJoel Owens, All World Realty
E-Mail: [email protected]
Telephone: 678-779-2798
Website: http://www.AWcommercial.com
www.AWcommercial.com 678-779-2798 [email protected]


Brian Feltz

Wholesaler from Milwaukee, Wisconsin

Feb 23 '13, 09:00 AM


Thanks Joel. I agree. I have been a passive member for long enough. Time to get out there and make some connections and ask some questions!



Brian Feltz

Wholesaler from Milwaukee, Wisconsin

Feb 23 '13, 02:16 PM


Dawn A. Thank you! I'd really like to connect with as many other Milwaukee and Wisconsin investors as possible! You never know where the next deal will come from.



Will Barnard Moderator Donor

Real Estate Investor from Santa Clarita, California

Feb 23 '13, 03:30 PM


Welcome to BP Nation Brian, glad you finally decided to engage. Stay active on the site and ask questions.



Medium_be_logoWill Barnard, Barnard Enterprises, Inc.
E-Mail: [email protected]
Website: http://www.barnardenterprises.com
http://www.InvestorExperts.com


Jenkins Ramon Donor

Real Estate Investor from Milwaukee County, Wisconsin

Feb 23 '13, 06:33 PM


Welcome , speaking on topic of wholesaling

Their plenty of threads on the topic here on biggerpockets and
next month local REI meeting will discuss this topic also, fyi



Brian Feltz

Wholesaler from Milwaukee, Wisconsin

Feb 23 '13, 07:04 PM


@Will Barnard Thank you. I plan on utilizing all the resources I can on Biggerpockets! The forums are great!



Brian Feltz

Wholesaler from Milwaukee, Wisconsin

Feb 23 '13, 07:06 PM


@Jenkins Ramon I really enjoy the Milwaukee REIA meetings! They are great for networking and very imformative! Plus, it helps get me out of my comfort zone and interacting with other fellow investors!



Erik Reichertz

Milwaukee, Wisconsin

Feb 23 '13, 07:07 PM


Also from Milwaukee. Just joined recently. 26 looking to buy my first rental property, more of buy & hold type deal.



Brian Feltz

Wholesaler from Milwaukee, Wisconsin

Feb 23 '13, 07:29 PM


@Erik Reichertz, Welcome! What is your criteria on the rental property you are looking for?



Erik Reichertz

Milwaukee, Wisconsin

Feb 23 '13, 07:32 PM


Me and my grandfather set up an LLC each put 30k for a total of 60k. Might put in a bit more depending on the property we find. Just looking for a decent property with some cash flow 200k-300k range. Might go a little higher or lower depending on what we find.



Arnie Guida

Residential Landlord from Greenfield, Wisconsin

Feb 23 '13, 07:44 PM


Come on in, the water's fine!

Welcome Brian.

When and where are the Milwaukee REIA meetings?



Brian Feltz

Wholesaler from Milwaukee, Wisconsin

Feb 23 '13, 07:52 PM


@Arnie Guida Thanks! The Milwaukee REIA meetings are the 2nd Tuesday of each month at Brookfield Suites. Look them up, Milwaukee REIA. They also have a real estate strategy and investing 101 meeting on the 4th Tuesday of every night at the same location. They are typically from 6-9pm. Dan and Eric, the founders are good guys and the people you will meet are all very helpful and accepting of investors at all levels!



Arnie Guida

Residential Landlord from Greenfield, Wisconsin

Feb 23 '13, 08:09 PM


Thank you.



J Scott Moderator Donor

Real Estate Investor from Ellicott City, Maryland

Feb 23 '13, 08:30 PM


Welcome Brian!

I do some rehabbing up in Milwaukee these days as well. What are the 4th Tuesday of the month "strategy" meetings about? I plan to be in town next week, and will likely be staying at the Brookfield Suites on Tuesday...so I'll likely be in the hotel during the REIA meeting.



Medium_lishproplogoJ Scott, Lish Properties, LLC
E-Mail: [email protected]
Website: http://www.123flip.com
CHECK OUT MY BIGGERPOCKETS BOOKS: http://www.biggerpockets.com/flippingbook


Brian Feltz

Wholesaler from Milwaukee, Wisconsin

Feb 23 '13, 08:35 PM
1 vote


@J Scott Ive actually followed some of your posts about your Milwaukee endevours! The strategy meetings are basically a Q&A session. People bounce ideas off of other investors and ask questions and share advise and information about the local market.



Jenkins Ramon Donor

Real Estate Investor from Milwaukee County, Wisconsin

Feb 23 '13, 09:30 PM


@Arnie Guida, also there breakfast meeting
on 3rd Wednesday of each month

Example, this week for breakfast meeting was about 50 individuals

One of conversations was about lease options here
in Milwaukee / Waukesha county

According to group of experts -> 20 percentage is the success
rate of lease options here locally ,, example

- A lot of lease options failing (here locally)
- down payments not covering damages
( when lessee -> do not renew lease option or purchase
- some our trashing the properties )



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