All Forum Posts by: Lilach Regev

Hi Guys,

I am looking for Investors and management companies who manage AirBnBs in Milwaukee .... 

Hi Guys,

We are looking for a MultiFamily at Milwaukee Wisconsin, Would be happy to connect with realtors which specialize specifically in 5-15  Multifamily.

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Milwaukee.

Purchase price: $85,875
Cash invested: $85,875

This property was the second part of a package deal we have put an offer on.

As part of the rehab, we have remodeled the entire bathrooms,added missing shingles,replaced the front porch and all of the floorings throughout the home

A Buy&Hold Duplex.

Purchase price: $85,875

Rehab cost: $8,550

All in: $94,425

ARV: $120,000 - $125,000

Rents: $1,700

ROI-COC: 11%

What made you interested in investing in this type of deal?

We went for submitting a package deal of several properties together

How did you find this deal and how did you negotiate it?

We found the properties on MLS and our agent was the one to led the negotiations.

How did you finance this deal?

Cash

How did you add value to the deal?

As part of the rehab, we have remodeled the entire bathrooms,added missing shingles,replaced the front porch and all of the floorings throughout the home

What was the outcome?

Cashflowing Duplex :)

Lessons learned? Challenges?

When you have tenants that are not paying the rent for months, put an anchor in your offer that you will not buy this property until all the tenants will be evicted.

After the eviction process make sure you will do another walkthrough to check the property status is the same as it was during the inspection period.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Wave AlGhamdi-Matos

GUARDIAN INVESTMENT REAL ESTATE COMPANY, INC.  (https://www.guardianinvrealest...)

Investment Info:

Single-family residence buy & hold investment in Milwaukee.

Purchase price: $47,000
Cash invested: $47,000

This house was part of a package deal have put an offer on.

As part of the rehab, we have done a total makeover for the garage,

replaced some parts of the roof which were EOL and some minor repairs in house to make it rent ready.

A Buy&Hold Single Family Home.

Purchase price 47K$

Rehab cost 6K$

All in: 53K$

ARV: 80-85$!

Rents 1,000K$

ROI-COC: 13%

What made you interested in investing in this type of deal?

We are a group of Buy & Hold.... aiming to do BRRR as much as we can

How did you find this deal and how did you negotiate it?

We have found this deal from a listing agent.
Our agent did the negotiation on this deal Wave AlGhamdi-Matos

How did you finance this deal?

Cash

How did you add value to the deal?

As part of the rehab, we have done a total makeover for the garage,

replaced some parts of the roof which were EOL and some minor repairs in house to make it rent ready.

What was the outcome?

Cash flow rental property.

Lessons learned? Challenges?

Package deals are the best!

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Wave AlGhamdi-Matos

@Joshua Janus ARV should be around approximately $125K

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Milwaukee.

Purchase price: $83,000
Cash invested: $94,000

Contributors:
James Konvalinka

A buy&hold Duplex.
Purchase price 83K$
Agent fee 1K$
Rehab cost 10K$
All in: 94K$
ARV: 125-130k$!!!
Rents 1,700K$
ROI-COC-11%

What made you interested in investing in this type of deal?

The deal is with good cash flow and below market so we can refinance it and do it again1

How did you finance this deal?

Paid cash, and we are planning on refinancing it.

How did you add value to the deal?

There is going to be a little bit of work needed to get this property rented out but once the work is completed and the property is rented this is going to be a very good deal for us!

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

We have worked with James Konvailnka on this deal, he was amazing! he pointed out this deal for us and we were glad for the opportunity!

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $70,000
Cash invested: $80,000

This is our first investment, we have purchased a duplex in the Harambee neighborhood at 70K$ and rehabbed it for another 10K$,
rented at 1,450$.