Finally Active Member! Milwaukee WI

19 posts by 8 users

Medium 1399648239 avatar brianlf Brian Feltz
Wholesaler from Milwaukee, WI
138 Posts
25 Votes
3 Awards

Brian Feltz

Wholesaler from Milwaukee, Wisconsin

Feb 23 '13, 08:49 AM


My name is Brian, I am a long time reader, first time poster. Ive been listening to the BiggerPockets podcast and reading as much as I can. I am beginning as a wholesaler with my plan being to build up capital and move into flipping and holding.



Medium 1448323178 avatar blackbelt Joel Owens
Commercial Real Estate Broker from Canton, GA
10238 Posts
5064 Votes
17 Awards

Joel Owens Verified Video Moderator

Commercial Real Estate Broker from Canton, Georgia

Feb 23 '13, 08:56 AM


Hi Brian,

Welcome to Bigger Pockets and getting active by posting. Posting is fun because you can also get some of your individual questions answered.



Medium allworldrealtyJoel Owens, All World Realty
E-Mail: [email protected]
Telephone: 678-779-2798
Website: http://www.AWcommercial.com


Brian Feltz

Wholesaler from Milwaukee, Wisconsin

Feb 23 '13, 09:00 AM


Thanks Joel. I agree. I have been a passive member for long enough. Time to get out there and make some connections and ask some questions!



Medium 1448324013 avatar charmed wi Dawn Anastasi
Landlord from Milwaukee, WI
5425 Posts
3020 Votes
20 Awards

Brian Feltz

Wholesaler from Milwaukee, Wisconsin

Feb 23 '13, 02:16 PM


Dawn A. Thank you! I'd really like to connect with as many other Milwaukee and Wisconsin investors as possible! You never know where the next deal will come from.



Medium 1448324704 avatar barnardinc Will Barnard
Developer from Santa Clarita, CA
12380 Posts
6031 Votes
23 Awards
Medium 1448388867 avatar rei milw Jenkins Ramon
Milwaukee County, WI
3393 Posts
391 Votes
7 Awards

Jenkins Ramon Donor

from Milwaukee County, Wisconsin

Feb 23 '13, 06:33 PM


Welcome , speaking on topic of wholesaling

Their plenty of threads on the topic here on biggerpockets and
next month local REI meeting will discuss this topic also, fyi



Jenkins Ramon, JMWPS Ventures, LLC
E-Mail: [email protected]


Brian Feltz

Wholesaler from Milwaukee, Wisconsin

Feb 23 '13, 07:06 PM


@Jenkins Ramon I really enjoy the Milwaukee REIA meetings! They are great for networking and very imformative! Plus, it helps get me out of my comfort zone and interacting with other fellow investors!



No avatar medium Erik Reichertz
Milwaukee, WI
11 Posts
0 Votes
1 Award

Erik Reichertz

from Milwaukee, Wisconsin

Feb 23 '13, 07:07 PM


Also from Milwaukee. Just joined recently. 26 looking to buy my first rental property, more of buy & hold type deal.



Erik Reichertz

from Milwaukee, Wisconsin

Feb 23 '13, 07:32 PM


Me and my grandfather set up an LLC each put 30k for a total of 60k. Might put in a bit more depending on the property we find. Just looking for a decent property with some cash flow 200k-300k range. Might go a little higher or lower depending on what we find.



Medium 1419425585 avatar spedini Arnie Guida
Residential Landlord from Greenfield, WI
249 Posts
92 Votes
3 Awards

Arnie Guida

Residential Landlord from Greenfield, Wisconsin

Feb 23 '13, 07:44 PM


Come on in, the water's fine!

Welcome Brian.

When and where are the Milwaukee REIA meetings?



Brian Feltz

Wholesaler from Milwaukee, Wisconsin

Feb 23 '13, 07:52 PM


@Arnie Guida Thanks! The Milwaukee REIA meetings are the 2nd Tuesday of each month at Brookfield Suites. Look them up, Milwaukee REIA. They also have a real estate strategy and investing 101 meeting on the 4th Tuesday of every night at the same location. They are typically from 6-9pm. Dan and Eric, the founders are good guys and the people you will meet are all very helpful and accepting of investors at all levels!



Medium 1448323426 avatar jasonscott J Scott
Investor / Business Guy from Ellicott City, MD
15818 Posts
12306 Votes
15 Awards

J Scott Verified Moderator Donor

Investor / Business Guy from Ellicott City, Maryland

Feb 23 '13, 08:30 PM


Welcome Brian!

I do some rehabbing up in Milwaukee these days as well. What are the 4th Tuesday of the month "strategy" meetings about? I plan to be in town next week, and will likely be staying at the Brookfield Suites on Tuesday...so I'll likely be in the hotel during the REIA meeting.



Medium lishproplogoJ Scott, Lish Properties, LLC
E-Mail: [email protected]
Website: http://www.123flip.com


Brian Feltz

Wholesaler from Milwaukee, Wisconsin

Feb 23 '13, 08:35 PM
1 vote


J Scott Ive actually followed some of your posts about your Milwaukee endevours! The strategy meetings are basically a Q&A session. People bounce ideas off of other investors and ask questions and share advise and information about the local market.



Jenkins Ramon Donor

from Milwaukee County, Wisconsin

Feb 23 '13, 09:30 PM


@Arnie Guida, also there breakfast meeting
on 3rd Wednesday of each month

Example, this week for breakfast meeting was about 50 individuals

One of conversations was about lease options here
in Milwaukee / Waukesha county

According to group of experts -> 20 percentage is the success
rate of lease options here locally ,, example

- A lot of lease options failing (here locally)
- down payments not covering damages
( when lessee -> do not renew lease option or purchase
- some our trashing the properties )



Jenkins Ramon, JMWPS Ventures, LLC
E-Mail: [email protected]


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