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All Forum Posts by: Marcus Perleberg

Marcus Perleberg has started 5 posts and replied 19 times.

Post: Investor Friendly Agents - Racine/Kenosha, WI

Marcus Perleberg
Posted
  • Investor
  • Oconomowoc, WI
  • Posts 19
  • Votes 6

@Martin Kim please send me your email/contact info. I may have 2-3 agents to connect you with. They are experienced and qualified to help. 

Post: Where to find wholesale real estate without 3rd parties

Marcus Perleberg
Posted
  • Investor
  • Oconomowoc, WI
  • Posts 19
  • Votes 6

Join FB groups and post that you are a buyer in a specified area. Specify that you are looking for wholesale, off-market deals.

Go to sheriff auctions, see what the process looks like, talk to the buyers of the auctioned house, tell them to add you to their buyers list. 

Good wholesalers, realize they are providing a service and if they want longevity in the market, they wont be gouging or asking too high of an assignment fee. $5-$20K I think is range for assignment fee. If you don't want to pay that, you'll have to drive for dollars, buy marketing lists, make calls, or send mailers. You'll just as much or nearly as much through that marketing/time commitment as the fee the wholesalers charge. Which is more available to you, time or money?

Post: How hard it is to have city approve a single family lot to be converted in five lots

Marcus Perleberg
Posted
  • Investor
  • Oconomowoc, WI
  • Posts 19
  • Votes 6

@Shaz Wa. any update on this?

Post: How hard it is to have city approve a single family lot to be converted in five lots

Marcus Perleberg
Posted
  • Investor
  • Oconomowoc, WI
  • Posts 19
  • Votes 6

If you are still planning to have SFH on the split lot, I would think no new zoning or request for new zoning would apply.

You would have to look at minimum lot size (6,000sqft, from what i found) for R-6 zoned homes. 

Looks like you could possibly get 3 lots out of the 145x125 lot depending on layout of plat.

Here is what I found on the City of Irving municipal code website: https://library.municode.com/TX/Irving/CODES/Land_Developmen...

"Minimum lot size in the transition area shall be based on the average of the sizes of the existing developed tracts or lots on either side of or across the right of way from the subject property."

From the site, I put in bold what I thought was relevant for you situation. Hope this helps!

  • 2.4.8 - Single-family Residential 6 (R-6).

    In a R-6 single-family district no land shall be used and no building shall be erected for or converted to any use other than:

    a)Principal uses: The following uses shall be permitted as principal uses:

    1) Single-family detached dwellings.

    2) Public and non-profit institutions of an educational, religious or cultural type excluding corrective institutions and hospitals.

    3) Governmental buildings and uses.

    4) Public utility uses required to service the district.

    5) Public and private noncommercial recreational areas and facilities such as public parks, country clubs and golf courses, excluding miniature golf courses and driving ranges.

    6) Temporary buildings when they are to be used only for construction purposes or as a field office within a subdivision approved by the city for the sale of the real estate of that subdivision only. Such temporary construction buildings shall be removed immediately upon completion or abandonment of construction and such field office shall be removed immediately upon occupancy of ninety-five (95) percent of the lots in the subdivision.

    7) Customary home occupation, provided that no person other than a member of the family of the owner or user of the principal single-family dwellings, shall be employed or work in or at such home occupation.

    8) Garage sales if conducted pursuant and in conformity with all other applicable ordinances of the City of Irving.

    b) Accessory uses: The following uses shall be permitted as accessory uses to a single-family detached dwelling provided that none shall be a source of income to the owner or user of the principal single-family dwellings.

    1) Private garage.

    2) Guest and servant's quarters may be permitted as an accessory use to a residential dwelling upon such accessory use being approved as an S-P-1 site plan district under section 2.7.3 of this ordinance.

    3) Private swimming pool.

    4) When any of the foregoing permitted accessory uses are detached from the principal single-family dwelling, said use shall be located not less than forty-five (45) feet from the front lot line nor less than twenty (20) feet from any street right-of-way.

    c) Parking regulations: Off-street parking shall be provided in accordance with the provisions of this ordinance and other applicable ordinances of the city.

    d) Area regulations: The following minimum requirements shall be required:

    1) Depth of front yard: 25 feet ( see Section 8.4.2, Established Front Yard, as applicable )

    2) Depth of rear yard: 20 feet

    3) Width of side yard: 5 feet

    4) Width of lot: 50 feet

    5) Depth of lot: 100 feet

    6) Land area per dwelling unit: 6,000 square feet

    7) Only one (1) single-family detached dwelling shall be permitted on each lot or lot of record as the case may be.

    e) Height and area regulations: The following maximum height and area regulations shall be observed:

    1) Height of principal structure: 2 stories or 25 feet

    2) Lot coverage by principal building: 40 percent of total lot area

Good Luck and let me know if you have more questions!

Post: Who has experience converting SFH into multi family and will discuss on a podcast?

Marcus Perleberg
Posted
  • Investor
  • Oconomowoc, WI
  • Posts 19
  • Votes 6

Hello,

We are looking to chat with anyone that has experience converting a SFH into a multi family. We are also looking to talk with anyone that has gone through zoning, conditional use permit requests. We have a double lot we are looking to split and then convert from 1 SFH into 2 multi family properties on the split lot. We are looking to talk with you about success, road blocks, frustrations in dealing with those issues.

We host a podcast so we are hoping the discussion we have would be recorded and distributed. 

Post: Looking for podcast guests to discuss anything related to RE!!!

Marcus Perleberg
Posted
  • Investor
  • Oconomowoc, WI
  • Posts 19
  • Votes 6

I host a Podcast with my business partner and we are looking for guests with exciting stories and abundance mindset information to share. 

We have had some fun and knowledgeable guests on that have brought great value to our listeners. We are working on growing our listeners by bringing on guests that can continue to provide that value with their knowledge and development through all things related to Real Estate.

If you have an interesting story of how you got into the RE game let us know and we can set you up to be a guest soon!

We are listed on most major podcast sites as well as video on Youtube.

I haven't posted any links on purpose but you can check my signature for our podcast site.

Thank you for the time and look forward to hearing back from you!

Post: Investing out of state.... so many options!

Marcus Perleberg
Posted
  • Investor
  • Oconomowoc, WI
  • Posts 19
  • Votes 6
Quote from @Christian Anderson:

We have plenty of options here in Milwaukee, Racine, and Kenosha WI. Certain areas definitely are experiencing accelerated appreciation right now with new job opportunities and companies like Foxconn, Microsoft, and Amazon. With the right deal, you can certainly hit the 2% rule. If you are open to exploring how I as an agent/wholesaler can help feel free to give me a call! 


 What do you have in Waukesha, Brookfield, Racine, or Kenosha? Looking for off market, wholesale deals. 

Post: Truth is, Jerry and his deal genie staff will not buy your deal!

Marcus Perleberg
Posted
  • Investor
  • Oconomowoc, WI
  • Posts 19
  • Votes 6
Quote from @Matthew Brown:
Quote from @Account Closed:
Quote from @Matthew Brown:

I am so glad I came across this.

Can I ask what the deal was? What was the below AVG number?

I just found one that is 73% below the AVG for the area so there is lot of money to be made on this.

I didn't have and don't have the $1000 to join the program and now I am glad I don't.

What zip code is the deal in? I might be interested.

Racine, WI


 I am in Racine and would love to hear more about this deal. Can you email me?

Post: RE agent/investor here in WI looking for guests to be on our Podcast

Marcus Perleberg
Posted
  • Investor
  • Oconomowoc, WI
  • Posts 19
  • Votes 6

I host a Podcast with my business partner and we are looking for guests with exciting stories to share. We have had some fun and knowledgeable guests on that have brought great value to our listeners. We are working on growing our listeners by bringing on guests that can continue to provide that value with their knowledge and development through all things related to Real Estate.

If you have an interesting story of how you got into the RE game let us know and we can set you up to be a guest soon!

We are listed on most major podcast sites as well as video on Youtube. 

I haven't posted any links on purpose but can send them if you're interested in knowing more or check my signature for email address and podcast site.

Thank you for the time and look forward to hearing back from you!