All Forum Posts by: Gerrit Bruni

Hello! I recently purchased a 6 unit apartment building and have tenants who do Air BnB in half the units. My question for everyone here, how do you base rent for tenants who utilize the unit for their Air BnB? I'm new to this concept and want to charge a fair price for this but also cover my risk. 

Side question: do you allow tenants to do this on your property?

Thank you so much for your input!
-Gerrit

Hey Joe,

Welcome to WI! As Chris mentioned, I've partnered with him for a few deals and also have a couple deals in Milwaukee with my brother.

There is a Facebook group I am apart of with a lot of great connections for all aspects of investing in the area. I highly recommend joining this group to become better connected in the area.

Search "Brew City REI Club" on Facebook Groups. https://www.facebook.com/groups/838882359575170/

Would love to connect if you find yourself up in Milwaukee. 
-Gerrit

Hi Luke. I recently started investing on the East Side of Milwaukee and think it's a great market to be involved in. Performance Asset Management is a property management company I would recommend, but I can't say I have worked directly with any others in the area.

I have had no issues with my rentals in Milwaukee, but I am very particular in my criteria as far as location is concerned. 

Welcome Mike! I am currently investing on the east side of Milwaukee - UWM Campus Area / Shorewood. A lot of great opportunity on this side of town.

Thank you Carlos. When you say that do you mean 10% down? I have not had any luck finding a bank so far that will do that. All of them have said that I will need 20%, but I will definitely keep making calls!

I have been on the hunt for a 4 plex near downtown Milwaukee for awhile now, and I recently found a 5 plex that seems to be a great deal. I met with the seller and walked through all of the units, and the numbers all make sense. I would want to live in one unit and rent the other 4 out. I went to get get financing, hoping for an FHA loan, only to realize FHA only goes up to 4 units....

This property is ideal for me, but I cannot afford to put more than 10% down on it.

Any suggestions?

I recently bought a single family home in Baraboo that I am rehabbing. I am living in it as a flip it, should be all finished by the end of January/ early February. There seem to be a lot of deals here that make sense, I think this could be a very good market. My cousin is a realtor here so he is always sending me great information about everything going on here too. Are you looking to invest more here? Gerrit

Hi Hussain, I grew up in the Baraboo area and noticed you bought some real estate there. Was curious what brought you to that market and what your thoughts are about owning rental property there? Gerrit

Hello!  My name is Gerrit and I am a recent graduate from UW-Milwaukee. I bought a property this fall to flip and am currently working on that. I am very intrigued by the idea of wholesaling and I want to network with individuals who are involved in this scene so I can make connections and learn as much as I can!