All Forum Posts by: KB Bjerk
KB Bjerk has started 1 posts and replied 11 times.
Post: First Investment Property: Total gut rehab or turnkey?

- New to Real Estate
- Milwaukee, WI
- Posts 11
- Votes 1
@Pat Dansdill Pat thanks so much for the connection. I'm definitely looking to house back and after reading everyone's responses, I am glad I haven't pulled the trigger yet. I don't have enough reserves NOR experience with contractors, etc to pull off a big rehab right away. You are totally right and I'm motivated by your point: buy one with light work needed, do it as I can, and gain confidence to take it a step further the next time and so on.
I'm sorry yours didn't turn out the way you hoped. It sounds like it didn't have the power to totally annihilate you, which is good. And you learned something through it as well as were able to share a piece of that lesson with me to help me not make the same mistake. Keep on keeping on and good luck in the future! 💪
Post: First Investment Property: Total gut rehab or turnkey?

- New to Real Estate
- Milwaukee, WI
- Posts 11
- Votes 1
@Marcus Auerbach thank you so much. Your response felt like the all around advice I was looking for from someone, and the fact that you know exactly what market/intricacies I would be facing is extremely helpful. Thanks for being a kind, firm, and knowledgeable voice. I am definitely going to think more and be more meticulous about my plan. I let my emotions and desire to take action lead me. I've decided I'm going to rent for a bit longer and keep saving capital until I'm in a better spot for more convention financing. I don't have anyone in my current circle who has done real estate, at least not to the degree I want to. So your advice is invaluable. Thank you!
Post: First Investment Property: Total gut rehab or turnkey?

- New to Real Estate
- Milwaukee, WI
- Posts 11
- Votes 1
@Ali Boone Thank you for posing these questions and making me think differently! I appreciate you
Post: First Investment Property: Total gut rehab or turnkey?

- New to Real Estate
- Milwaukee, WI
- Posts 11
- Votes 1
@Ross Denman Thank you Ross. Your last paragraph felt true to me. Getting through my first deal without extreme tragedy and gaining confidence is more important than I realized.
Post: First Investment Property: Total gut rehab or turnkey?

- New to Real Estate
- Milwaukee, WI
- Posts 11
- Votes 1
@Mike D'Arrigo Thank you Mike, I think you are right
Post: First Investment Property: Total gut rehab or turnkey?

- New to Real Estate
- Milwaukee, WI
- Posts 11
- Votes 1
@Phillip Vera Thank you Phillip 🙏 You are right
Post: First Investment Property: Total gut rehab or turnkey?

- New to Real Estate
- Milwaukee, WI
- Posts 11
- Votes 1
@Alex Olson Very good point. I think after many people's feedback, that's what I ought to do. Thank you for helping me steer my thoughts in that direction Alex!
Post: First Investment Property: Total gut rehab or turnkey?

- New to Real Estate
- Milwaukee, WI
- Posts 11
- Votes 1
@Douglas A Lewis Thank you Douglas!
Post: First Investment Property: Total gut rehab or turnkey?

- New to Real Estate
- Milwaukee, WI
- Posts 11
- Votes 1
@Jonathan Oh Jonathan, thanks so much for your sincere input. Definitely made me think more and come to a decision that feels better for me and not so aimless. I appreciate you!
Post: First Investment Property: Total gut rehab or turnkey?

- New to Real Estate
- Milwaukee, WI
- Posts 11
- Votes 1
@Aaron K. Thank you for the words of wisdom!