Investor · Brookfield, WI · Member since 2014 · 20 posts · 3 votes
Hello All -
I have been reading the Bigger Pockets forums for a few months now and I am totally hooked (both to forums and podcasts)...such a great wealth of knowledge and an extremely helpful community.
As we moved to a bigger house a couple of years ago I became an accidental landlord. Since then I have been thinking of learning more about real estate investing and this year my goal is to jump right in (thanks to great stories from a number of you on these forums).
I am from Milwaukee Wisconsin and will be looking for single family/ duplexes in the metro Milwaukee area. My goal is to close 3-4 deals this year with cash flow as the primary driver (buy and hold strategy).
Thanks again for being part of such an active community. I look forward to meeting some of the locals this year.
I am a residential contractor. Two years ago I decided to make a change to my business model. I've been buying duplexes fixing them up and renting them, cash flow is great. I just purchased a house to flip last week.
The information I have received from fellow members has been invaluable.
@Paul Zierk Thanks, I could not make it yesterday...It looks like it was a very informative session. Hope to attend the April Meetup.
For all the metro Milwaukee RE investors - I have been looking through MLS with a couple of realtors for reasonable deals all over the metro Milwaukee area...do you have any recommendations around neighborhoods/ areas to focus on..."up and coming" areas?
I know the answer may very well be "it depends" but thought I would ask the experienced ones here :)
Hi @Talal B. , welcome to BP, there are a lot of local investors out here.
My approach to your question would be simply decide how much you want to spend on a duplex first. Then look at which neighborhoods this amount will buy you a duplex in. Then from there decide which of these neighborhoods you find the most appealing and would be comfortable investing in. I am very familiar with city neighborhoods, feel free to send me a message if you are wondering about an area.
Currently I am looking at west allis, bay view, cudahy, greenfield, franklin.
I will be narrowing down my search this week. Quickly finding that MLS deals maybe hard to get due to the price point (numbers done make sense) so also looking to connect with wholesalers in the Milwaukee area.