All Forum Posts by: Luke Texidor

@Mark Kipling

Welcome to BP bud! Good to see you joined! 

I have been looking primarily into Wisconsin and northern Illinois. I grew up out there and know the area pretty well. Wisconsin markets don't seem to appreciate well, but cash flow is good. I'm planning on buying within the month. 

Welcome Nathan! I am also based in LA looking to invest in out of state markets. This site is great! I can say that this site is the best way to find what you need in the real estate world. Feel free to reach out to me if you'd like. Good luck!

I would like to check it out. I have been looking into the Madison and Milwaukee markets alot lately . I grew up in Southeastern Wisconsin and both of my siblings live in the Verona area of Madison. I would like to chat with you about your landlord experience in Madison as well. I hear mixed things about investing there, but prefer it to Milwaukee because of lower property tax. Looking forward to chatting with you

Thanks for the quick responses. I am looking for long term cash flow investments. I would like B or C class multi-family primarily, but am always open to single family if the numbers make sense. I have been looking for good agents to help me in multi family. Let me know if you would like to help. Thanks again

I have been Interested in the Southern Wisconsin area for some time now. Milwaukee seemed like a good place to invest because of the growing population and job growths. I understand that property taxes in the area are high, but still seems to be an ok city to invest in. I am an out of state investor looking to buy/hold. Is Milwaukee an Investor friendly city? What areas should I stay away from? Any feedback would be much appreciated. 

Call your local city planner to find out if your lot meets the minimum lot requirements for lot subdivision. Every city is different. Good luck!

Congrats on looking into property in Malibu. I assume you already know the reputation of dealing with the Coastal Commission and City of Malibu for Planning/Building and Safety.

As for utilities, It really depends on where your at. Are there other developments near the plot? Utilities are not cheap especially if you have to extend water lines or sewer(which won't apply in Malibu). I would call Edison to get a better idea on power. Is that 20K in fees to extend the water line or does that include the install as well? I don't believe Malibu does there own underground work.  If you need a good underground utility guy, Let me know. I know a guy that does a lot of work in Malibu.

@Ray Thorsen

I am from the Twin Lakes area which is in Kenosha County. I have been looking into buying some multi family out there in Lake Geneva, Genoa City or even Madison. How is the rental market out there?

@Andrew Fielder

The process was not short by any means. I bought the Property in May of 2013 and sat on it for around 8 months to save some more money and decide if we wanna build or not. After deciding to build I met with my architect and engineers. From the time I submitted my plans to the planning commision and building and safety, it took almost 10 months to get approved. The city of Agoura Hills has a hearing process for conditional use permits. A conditional use permit is a permit that is hillside, over a certain square footage or a permit that needs a variance. This hearing is open to the public so the community can address their concerns.  That process is what drags it on. With most other cities you would be able to pull permits administratively. After that we shopped Construction Loans from a few recommended lenders. We started Construction in Late April, 2015 and finished mid February, 2016. Hope that helps! Feel free to reach out with any more questions.