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Updated about 8 years ago on . Most recent reply

User Stats

18
Posts
12
Votes
Chris Adamski
  • Rental Property Investor
  • Gilbert AZ; Upstate SC; Janesville, WI
12
Votes |
18
Posts

Wisconsin Noob Investor

Chris Adamski
  • Rental Property Investor
  • Gilbert AZ; Upstate SC; Janesville, WI
Posted
Hello BP! I am a new investor located in a town just south of Madison, WI. To this point I only have accidental experience in investing as I completed a live in flip of my (at the time) primary residence in Chandler, AZ. Didn't have intentions of selling at the time that we made all the upgrades, but long story short ended up selling the house after a year and a half and netting a decent profit on it. I have been on BP for almost six months now and have been reading/listening/watching anything I can get my hands on trying to educate myself. I feel I know enough to be dangerous, but definitely not enough to avoid some inevitable noob mistakes that only experience can teach. I recently got my WI license for MLS access (debating getting my IL license as well since there is reciprocity for WI/IL) and am beginning to interview brokers - started my process with Keller as a baseline. I have also begun driving for dollars, have a list of addresses, and will begin mailing campaigns (driving and listsource) in the next week. My intentions are to BRRR small multi-families to start, with an occasional SFR flip to build capital, and an end goal of investing in apartments. My main focus is building a strong passive income through cash flow with any possible appreciation just being an added bonus. With all that said, I figured it was time to start networking, hopefully make some connections, and get some deals going. I look forward to continuing to learn from everyone and hope to be able to add value where I can.

Most Popular Reply

User Stats

680
Posts
650
Votes
Meghan McCallum
  • Specialist
  • CHICAGO
650
Votes |
680
Posts
Meghan McCallum
  • Specialist
  • CHICAGO
Replied

@Chris Adamski Like Sam said, we now have Clubs in Milwaukee and Madison! Both are great groups of people and they are people making deals happen. We don't sell anything or push anyone agenda. Its all about partnerships, peer mentoring, and info sharing. @Chela O'Connor runs the Madison Club...it meets tonight! Everyone is welcome, its just always nice to RSVP because I'm watching moth groups go and it allows the organizers to ensure we are in locations where we have enough space and are comfortable! Welcome! Thanks for the tag @Mindy Jensen. When are you coming out to Madison again? I'm sure the Club would love to have you drop in!

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