Newbie Investor in Milwaukee, WI

Newbie Investor in Milwaukee, WI

Member since 2022 · 1 post · 0 votes

Hi all, 

I was fortunate enough to have to the opportunity to take advantage of the hot sellers market and sold my condo at a decent profit, and am looking into real estate investment to gain long term wealth and independence.  I live in the Milwaukee area and would like to invest here, but would potentially be interested in Chicago if need be. I’d love to make some connections in the MKE area to learn and see if I can offer help to anyone else in return! 

Emily 

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Real Estate Syndicator · Milwaukee, WI · Member since 2018 · 1k+ posts · 907 votes
4y

As others have mentioned, attending some local real estate meetups is a great way to build your network and learn.  At these events you can connect with bankers, agents, etc. You might even find an off-market deal.  I live and invest in the Milwaukee area.  Let me know if I can help with anything!

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  • Nathan GesnerBusiness Member
    Moderator
    Real Estate Broker · Cody, WY · Member since 2010 · 28k+ posts · 41k+ votes
    4y

    Go to NETWORK at the top of your screen and you can search for other investors and investment groups in your area. You can also check meetup.com or search facebook for real estate investment groups, clubs, or meetings in your area.

    The DIY Landlord Book4.7248 Reviews
  • Rental Property Investor · Oconomowoc, WI · Member since 2016 · 996 posts · 431 votes
    4y

    Hi Emily,

    The best place to learn about the Mke market is a FB group called Brew City REI. It's run by a fantastic lady Rebecca Knox. If you are expanding into other cities (Racine, Kenosha, Waukesha) there are other groups that would be good options as well.


    Im happy to help however I can, shoot me a DM.

  • Investor · Milwaukee - Mequon, WI · Member since 2010 · 5k+ posts · 7k+ votes
    4y

    Milwaukee is definitley a more attractive market to invest than Chicago! Chicago investors will tell you! Plus, the home field advantage is huge; knowing neighborhoods, bring able to check out properties quickly, managing the property - everything is so much easier (and cheaper) if you are just 10 minutes away!

  • Real Estate Agent · Chicago, IL · Member since 2018 · 1k+ posts · 1k+ votes
    4y

    @Emily Neumann

    Welcome to the forums! When starting out I generally recommend investing in your own backyard since there are advantages and conveniences with that. That being said Chicago isn't too far so investing there could make sense but really depends on what you're looking for, your budget, etc.

  • Rental Property Investor · White Plains, NY · Member since 2020 · 94 posts · 36 votes
    4y

    @Emily Neumann i have someone for you to chat with. Email me joe.mathew914 at gmail

  • Rebecca KnoxBusiness Member
    Specialist · Milwaukee, WI · Member since 2014 · 1k+ posts · 1k+ votes
    4y

    Thanks for the shout out @Corina Eufinger 

    Hi Emily, nice to meet you. I may be bias but I believe you're living in the better market as it pertains to buy & hold. Additionally, Milwaukee has a very welcoming and helpful local real estate investing community. It sounds like you have many options and networking with others will help you to learn, understand and explore all of those options. Hope to see you at one of the local networking events!

    Captain Save-A-Home LLC
  • Real Estate Syndicator · Milwaukee, WI · Member since 2018 · 1k+ posts · 907 votes
    4y

    As others have mentioned, attending some local real estate meetups is a great way to build your network and learn.  At these events you can connect with bankers, agents, etc. You might even find an off-market deal.  I live and invest in the Milwaukee area.  Let me know if I can help with anything!

  • Chris VarsekBusiness Member
    Real Estate Agent · Beach Park, IL · Member since 2021 · 69 posts · 38 votes
    4y

    Hi EMily - I'd be happy to connect and talk as well, I live on the border of WI/IL and invest in both sides of the border - mostly SFR but also in multi-family. I'm also a real estate agent licensed in both states.

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