Real Estate Consultant · Somersert, NJ · Member since 2011 · 52 posts · 3 votes
I am a note investor and just purchased a note on W Vienna Ave. in Milwaukee, WI 53212. The home has 2 units. I would like to hire a investor friendly lawyer who can do a DIL or Foreclosure. I would also like recommendations on a good Property Manager.
Anyone investing in this area that could provide me details on this market would be greatly appreciated.
Queen Creek, AZ · Member since 2014 · 2k+ posts · 1k+ votes
11y
Unfortunately that is the challenge with buying Multi Family via Non Performing Notes - if the property was generating cash the borrower would have done a modification already. The fact that it hasn't tells how consistently it is generating cash.
Real Estate Consultant · Brookfield, WI · Member since 2014 · 873 posts · 350 votes
11y
There are many foreclosures in the area. I manage a 8 family apartment on the 3700 block of Post Washington Rd 53212. You can find some good tenants but it will take awhile.
Self Employed · Milwaukee, WI · Member since 2015 · 135 posts · 45 votes
11y
Yes, there's a lot of variation in that area, you would need to provide the block number or the actual address to receive an accurate "valuation". There's streets that can be 50% higher just by crossing the street. What's up?@Michael Henry