Milwaukee is driving me nuts.
Please excuse me for a moment, but Milwaukee is driving me absolutely nuts. I don't understand how you investors make it work here. The properties are in junk condition, your property taxes are absolutely out of control, and the rents you're charging are way too low given the taxes. How are any of you making money here? There is so much government overreach with taxes, city inspectors, etc. Why are you investing in this city? Nobody is moving here, and the roads are garbage as well. I've been trying to do it so I can self manage, but I don't see the numbers lining up no matter how many times I run them... Please help me understand.
Side Note: I relocated from Kansas City. So this way of "life" is different and hard to understand.