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Tim Wieneke

Real Estate Investor

User Name
:
TimWieneke
Gender
:
Male
Location
:
Chicago, IL
Country
:
US

In my own words...

I'm a 3rd generation real estate investor (we were investors before investing was cool). I specialize in flyover country sfh rental property.

Real Estate Experience

I started at 19 as an onsite property manager and did that for 5 years. Bought my first multi-unit at 26 in Chicago but got out after 2 deals when I calculated that Chicago just didn't have the cashflow I wanted. I then moved to sfh's and multi-units in northwest Indiana. They are fine. I've now refocused into small specialty markets where I can pick up houses and have them in rentable condition for under $12,000 a unit.

Real Estate Goals

1. 100 Single Family Residences in my portfolio within 5 years.
2. 600 Units Total in my portfolio.
Create in excess of $100,000 per month net passive income.
3. Take 30 frustrated investors from spinning their wheels to true financial independence.
4. Own a piece of real estate (SFH or Condo) on every continent in the world (except Antarctica).
5. I want a firehouse.... Doesn't have to be in a city. It can be a rural one tha the city is selling. I've always wanted one where I can stay when I want to - keep some toys there and just have fun with it.

About Me..

Status
:
Full-Time Investor
Investing Focus
:
Buy & Hold (Landlord)
Website
:
Real Estate Deals
:
30 Complete / 14 Active

Statistics..

Began Investing
:
April 2004
Member Since
:
June 24, 2007
Last Active
:
about 1 hour ago
Profile Views
:
870
Forum Posts
:
 

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