All Forum Posts by: Brandyn Dietman

Great thanks guys!

Thank you everyone for the great advice! To piggyback on this, could anyone recommend a good lawyer with some experience in real estate here in Milwaukee that local investors work with?

Hey y'all! I found a property that is all rented on month to month tenants which is great... What is not great are the tenants. My girlfriend and I will be living in the property, and when we did our walk through, we were more inclined to try to find our own tenants after we move in. So my question is, since my pre qualifying letter is based on the income from the tenants, I want the leases for financial reasons. So when I move in, how hard is it to evict tenants on a month to month lease? I have heard horror stories on the BP podcasts but I don't remember them talking about month to month leases. Thanks everyone! Brandyn Milwaukee, Wisconsin

Congratulations!

Awesome, thanks Justin! Is the deed to the property held by the owner? And if so, does that hold you back from doing any major improvements?

@Ralph B. and @Dave Carpenter

Thanks for reply guys! I kept it vague and hopefully through private chat because there seems to be numerous people and companies involved/interested in the property; and just by chance one of them is apart of the bigger pockets nation, I wanted to keep the specifics off the main forum.  But if you guys would be willing to chat through PM quick, I'd love to hear your advice!

Hey all! I've been doing my research on a property in Door County, Wisconsin and am getting ready to take it to the next step by meeting the two owners. It is a mixed use commercial/residential property with lots of potential. I have seen the books and the numbers make sense. Only the commercial portion of the property is currently being utilized and the two residential portions are vacant and in good shape, only needing minor cosmetics and a good cleaning!! I am working with a financing broker and we decided the best way to get the property financed was to do a minimum length land contract and roll it into a commercial loan. Like I said, I'm meeting with the owners and would like to see if I can get some guidance from anyone who may have done a deal similar to this before, get some advice on do's and don'ts, how to negotiate a fair, attractive, and mutually beneficial contract and anything else I can get from y'all!!! Thanks in advance and I look forward to hearing from you guys! Thanks everyone and happy new year!

Hey all! I've been doing my research on a property in Milwaukee, Wisconsin where I live and am hoping to get some advice. The property is a multi-family home, and is turning out not to be the standard real estate agent listed home. There are a few different caveats to the property I'm looking to get some direction on. If someone wouldn't mind helping a first timer out with some advice, I'd appreciate the help through a PM!! Thanks everyone and happy new year!

Originally posted by @Michael Henry:

Originally posted by @Brandyn Dietman:

@Adam Kozuch I just saw it about 2 weeks ago

 Brandyn you didn't see anything wrong?

Looks like a great deal. South Milwaukee is heating up......

 South Milwaukee does have some potential, especially with Bay View turning more and more into the neighborhood young professionals want to be in. However, from what we've seen, I think it has a bit to go. 

After seeing the property, we decided to put it towards the bottom of our list of houses.I did see some things wrong with the house which I wrote before in this forum, but if anyone wanted more info just send me a message! 

@Adam Kozuch I just saw it about 2 weeks ago