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Updated almost 4 years ago on . Most recent reply

Gregory M Carlson's profile image
Gregory M Carlson's profile image
Gregory M Carlson
  • from Cudahy, Wisconsin
  • Member since Aug 13, 2017

User Stats

11
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3
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Gregory M Carlson's profile image
Gregory M Carlson's profile image
Gregory M Carlson
  • from Cudahy, Wisconsin
  • Member since Aug 13, 2017
Gregory M Carlson
  • Cudahy, WI
3
Votes |
11
Posts
Real Estate Deal Analysis & Advice

Rental with a bar - Why not?

Gregory M Carlson
  • Cudahy, WI
Posted

There is a building near me for sale (Milwaukee County, WI) with bar in front and 2 bedroom/1 bath rental in back for $150,000 (rent is $750). I have no experience operating a bar, thought I could lease to someone who does. Building looks to be in pretty good condition. Why would it be a bad idea?

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Samir Patel's profile image
Samir Patel's profile image
Samir Patel
  • Rental Property Investor
  • from Herndon, VA
  • Member since Sep 26, 2017
  • Posts 65
  • Votes 20
  • Experience 6 Yrs
  • Investments 7

User Stats

65
Posts
20
Votes
Samir Patel's profile image
Samir Patel's profile image
Samir Patel
  • Rental Property Investor
  • from Herndon, VA
  • Member since Sep 26, 2017
  • Posts 65
  • Votes 20
  • Experience 6 Yrs
  • Investments 7
Samir Patel
  • Rental Property Investor
  • Herndon, VA
20
Votes |
65
Posts
Samir Patel
  • Rental Property Investor
  • Herndon, VA
Replied

@Mike Reynolds that's interesting. I'll definitely look into that since Hagerstown, MD has strict laws in regards to lead based paint. Thanks!

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