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Johann Kleisch's profile image
Johann Kleisch's profile image
Johann Kleisch
  • Rental Property Investor
  • from Evansville, WI
  • Member since Jun 17, 2015

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Johann Kleisch's profile image
Johann Kleisch's profile image
Johann Kleisch
  • Rental Property Investor
  • from Evansville, WI
  • Member since Jun 17, 2015
Johann Kleisch
  • Rental Property Investor
  • Evansville, WI
33
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106
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Buying & Selling Real Estate

Rockford IL or Milwaukee WI... what say you?!?

Johann Kleisch
  • Rental Property Investor
  • Evansville, WI
Posted

I'm looking for a 12-24 unit residential property to buy and hold, and I live about half way between Rockford IL and Milwaukee WI.

I know a little about the Milwaukee market and almost nothing about the Rockford market.  It seems they are both great for cash flow but bad for appreciation.

Please provide any and all info about which market is better and why.

Thank you all in advance!

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Brie Schmidt's profile image
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Brie Schmidt

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Brie Schmidt's profile image
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Brie Schmidt
Brie Schmidt
  • Real Estate Broker
  • Chicago, IL
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Brie Schmidt
  • Real Estate Broker
  • Chicago, IL
ModeratorReplied
Originally posted by @Justin Pillion:

I can say you've about hit the nail on the head already. I've sold a few homes in Rockford over the years and appreciation is pretty terrible. Working on a duplex deal there now actually. 

@Brie Schmidt don't you have properties in Milwaukee as well?

 Yes, I am Chicago and Milwaukee.  Milwaukee is for cash flow and not appreciation, it is not the easiest market to deal with and I think it is even more important to have scale or be local when investing there

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