Looking to Purchase within the community

Milwaukee, Wisconsin
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Looking to Purchase within the community

Adrian Johnson
Member since 2022 · 54 posts · 6 votes

Looking to Purchase in country area at least a 1 acre private or city water can need renovation looking to rehabb or remodel for family near sheboygan , manitowoc de pere or green bay 

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  • Arman AhmedPro Member
    Real Estate Agent · Columbus Cleveland Dayton, OH · Member since 2024 · 2k+ posts · 952 votes
    6mo
    Quote from @Adrian Johnson:

    Looking to Purchase in country area at least a 1 acre private or city water can need renovation looking to rehabb or remodel for family near sheboygan , manitowoc de pere or green bay 


    If you’re open to expanding your search a bit, you might find some great value plays in the Midwest, especially if you’re willing to take on a renovation. The areas around Sheboygan, Manitowoc, De Pere, and Green Bay do offer those 1-acre fixer opportunities, but similar rural-style properties in nearby Midwest markets can come in cheaper with stronger upside. Whether you’re buying for family use or a long-term BRRRR hold, out-of-state can actually be pretty smooth if you’ve got solid boots-on-the-ground support. If you ever want a few examples or want to compare markets, happy to share.
    [email protected]614-418-6081
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  • Adrian Johnson
    OP
    Member since 2022 · 54 posts · 6 votes
    6mo

    Thanks and I really appreciate the information. Right now i have a specific interest in the area for those types for a potential client. If you can find any that fits the criteria, send them and we can get some work in!

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  • Frank PyleBusiness Member
    Specialist · USA · Member since 2024 · 279 posts · 130 votes
    6mo

    If you want that 1 acre near Sheboygan or Green Bay for a BRRRR, focus on properties with solid structure and dated interiors rather than heavy rehab because rural projects can get expensive fast with septic, wells, and longer contractor timelines. Quick check is after rehab rent minus your refi payment minus taxes minus maintenance still needs to leave you some cash flow, otherwise you are just parking money. I would start by pulling 3 to 5 recent rent comps in those exact towns first because rents can vary a lot even a few miles apart, then back into your max purchase price from there. Are you planning to hold this as a long term rental or eventually move family in after the rehab?

    If you want, send a deal you are looking at with price, rehab budget, and expected rent and I can run a quick BRRRR check. If you need help lining up financing or making sure the refi works on the backend, IEC can help you map that out before you buy.

    [email protected]317-501-3467
    Frank Pyle at ExP Realty
    WebsiteView Page
    NEXA Lending- Investors Edge Concierge
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  • Adrian Johnson
    OP
    Member since 2022 · 54 posts · 6 votes
    6mo

    Thanks again! I’m a residential contractor and investor for positive cash flow. I need elite brokerage firms and lender! Do you have any deals near here that for the bill! 

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