All Forum Posts by: Kole Kingslien

@Ham Merritt I am considering all options for obtaining deals. The most attractive to me would be seller financing, private lending, partnerships, then hard money. The reason being my lack of capital. 

@Michael Henry I sent you a message, let me know if you got it (I'm not sure how to find my "sent messages" here on BiggerPockets?).

@Shawn Ackerman Could you PM me more info about this deal? Are all units occupied? What kind of carry back is the seller willing to do? What are property taxes for the properties, and does the owner pay any utilities or garbage? 

Thans,

Kole

Look forward to seeing you all there again! 

@Rebecca Knox, Thanks for the advice! How do you personally go about conducting your research, to find where the up and coming neighborhoods are?

@Darren Budahn Thanks for the advice!

My goals for investing in Milwaukee are to create cash flow, and forced equity, to help fuel and drive my pursuit to financial independence. I am interested in buy and hold, and Brrrr strategy type deals, mainly all residential SFH to 4-units. I would like to be in c+ or b- areas, but will consider everything if numbers work, I mainly just want to stay away from high crime areas. I want tenants who will pay rent, and not utterly destroy my property. I am open to most price points if the opportunity is available, I have low capital, so would need to be more creative with my financing, I am currently working on educating myself, and expanding my network, to help me into creative deals.

Thanks so much for your proactive questions, I appreciate all into I can get!

Hey guys, I am fairly new to biggerpockets, and have been studying and learning on here for about 2 months, and am finally ready to try and start investing. I live right outside of Madison, and I just purchased my first rental property in Beloit (closing in November), and am interested in getting into the Milwaukee area. I am just looking around to see if there is anyone on here who is active in that area who might have some valuable information and some tips? I don't really know good areas from bad areas, and I am also skeptical about finding a reliable property manager over there. I would be most interested in creative financing opportunities, and possibly partnerships. I also do not know anything of the rental market. My wife and I plan to take a drive over there in a couple of weeks to try to get a better sense of the neighborhoods, and try to understand what the market is like. 

If anyone has any useful information that they wouldn't mind sharing, I would greatly appreciate it! You can PM me here on bigger pockets if you want to talk. Thanks!

@Dave Corfman 

Also the reason that rents don't pop up on Zillow is probably because it is a small town, and people may not think of it to be an effective way to advertise here (when I was looking for places here, I checked the grocery store information pin up board, news paper and word of mouth, it didn't even occur to me to check online, however, when I lived in Madison, the first place I looked was online, kind of interesting to look back at, the type of resources I used, was subconsciously correlated with where I was looking), or they just are not up to speed with technology!  

Also, I drove by both yesterday, and the one on Almeron doesn't appear to be in very bad condition. The duplex, I'm not to sure about the condition, but I know it's in a nice neighborhood and within walking distance to Lake Leota Park!