All Forum Posts by: Calvin Ozanick

I would defer to one of the suggestions above! Local meetups and networking will be great. I would also love to tell you a bit about our experiences with clients investing here from out of state! Lastly, I would just get out there, meet people, find like-minded individuals and do a deal!

I would love to chat, I have been full time between real estate and property management here in Wisconsin since 2017. Feel free to send a message any time. The one rule I always follow is have 60 conversations about your business per week. Agents who do that, tend to produce! Best of luck along the way!

First, I would have a conversation with the agent. If you have no success there, reaching out their broker would be the next step. If it got any deeper, you could always hire legal counsel. Rarely will we cause an issue and would allow someone to terminate a contract if it was not working out. 

If you are not for sure settled on a market, I would love to share more about the Rock County market here in Southern, Wisconsin. The market has exploded over the last 5 years and continues to grow! If you would like to chat more, do not hesitate to send me a private message!

We have seen some great success with our clients in the Rock and Dane County markets. Janesville/Beloit and Madison areas have been great to investors. Judy Faulkner and Diane Hendricks being located in these markets and also housing massive business here have been incredibly important in brining in other strong businesses to the market. Employment opportunities are great, rents are high and real estate keeps going up! Let me know if you want to chat about how we work in these markets!

We manage for 5 clients who live in California, but purchased in the southern Wisconsin markets. The price to rent ratios and overall rent growth, coupled with some relatively landlord friendly governments set-up has allowed clients to thrive. If you would like to learn a little more about what has brought on this massive growth here, I would be happy to chat!

Wisconsin, specifically the Rock and Dane county markets have been great to investors in similar situations as yours. We help clients find, acquire and manage buy and hold real estate in these markets. With the lake effect of the two richest self-made women in the world (Diane Hendricks and Judy Faulkner) and some massive economic growth here in the last 10 years, this market has been great to out of state investors. I would love to take some time to chat about the market if you have questions! 

Another midwestern market we are seeing clients thrive in is the Rock and Dane County, WI markets. We manage for 75 rental owners here, many of whom live out of state! I would love to take some time to tell you more about the local market and see if there is anyway we could help. If you ever want to chat, just send me a message!

This is a big part of the ever changing real estate market. The interesting thing about the current market and the upcoming shift is that is sets apart great investors from those who could not lose over the last 10 years. Anyone who has buying since the recession has been a great investor. These are the markets that define who can truly succeed regardless or shifting market conditions. Make sure you surround yourself with the right team from manager, agent to your operating procedures being bulletproof. Let me know if you would like to chat about how we help our clients in the Rock and Dane County, WI markets and best of luck in your search, don't give up!

Some of the numbers we look at:

When we help our clients underwrite deals, we use a separate line item for initial repairs. We like to see buyers come in and make some initial improvements, which will obviously lower maintenance and CAPEX. We budget insurance at 50-75/unit, repairs/capex at 6-8% of rent depending on how much we have them do upfront, vacancy at 7% in Rock County, WI and management between 6-10% depending on rent amounts.

All of these are what we are seeing as averages across our 500 unit management portfolio. I would love to chat with you about adding some units in this market. If you have any interest, I am more than happy to share some market info about this area!