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Updated almost 5 years ago on . Most recent reply

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23
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David Venancio
  • Investor
  • Milwaukee , WI
8
Votes |
23
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Milwaukee City Owned Properties

David Venancio
  • Investor
  • Milwaukee , WI
Posted

Wondering if anyone has bought properties from the City of Milwaukee? Three specific Questions:

1.) How was the process over all

2.) Did you find the work estimates done by the City to be fairly accurate 

3.) Did you use any of the City programs such as the NIDC Program

Thanks in advance!

Most Popular Reply

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6,201
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Dawn Anastasi
  • Rental Property Investor
  • Milwaukee, WI
4,347
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6,201
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Dawn Anastasi
  • Rental Property Investor
  • Milwaukee, WI
Replied

Yes I have purchased 2 houses from the city of Milwaukee.

1) Overall it was okay. You need to attend their free landlord class in order to be eligible to buy a property. It can be difficult to get in because it's so popular but if you schedule the class far enough in advance you should be good.

2) For many things, no. Some of their estimates were way too much, and in some cases they estimate the bare minimum and no enough to make things attractive enough for a tenant to rent. It's best to make your own estimates.

3) No.

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