All Forum Posts by: Mark Shaffar
Mark Shaffar has started 27 posts and replied 316 times.
Post: Looking to invest outside of CA
- Real Estate Agent
- Madison, WI
- Posts 328
- Votes 88
Originally posted by @Ramon Jenkins:
Welcome Mr Price
Inventory is currently low, but good luck with your midwest real estate investing.
I second that, Milwaukee is quite popular now. Welcome to BP
Darin!
Post: New in real estate world, let's start from...China!
- Real Estate Agent
- Madison, WI
- Posts 328
- Votes 88
Originally posted by @Steve S.:
Invest in the US ... everyone else from China seems to be
That's what I did.
Thanks for the shout out @Daniel Ryu
Post: 6 year real estate investor recently arrived Madison, WI from Beijing, China
- Real Estate Agent
- Madison, WI
- Posts 328
- Votes 88
Hi James, Thanks. I agree that Capital appreciation in Beijing isn't what it used to be. I'm content nowadays to focus on cash flow.
Mark
Post: How Is My Return?
- Real Estate Agent
- Madison, WI
- Posts 328
- Votes 88
@Michael GoodmanIn my markets we are seeing plenty of options for rehabbed homes in decent neighborhoods for >1.4% so that helps a lot. You can find deals in any market but they are easier to find in the Midwest.
Post: New member from Wisconsin
- Real Estate Agent
- Madison, WI
- Posts 328
- Votes 88
Welcome to BP Tim!
Post: milwaukee duplexes
- Real Estate Agent
- Madison, WI
- Posts 328
- Votes 88
We do a lot of volume in MKE and have been having a tougher time finding good deals on duplexes in good neighborhoods. They tend to go very quickly when we do get one.
Mark
Post: Looking for Houses to flip in Milwaukee and Chicago
- Real Estate Agent
- Madison, WI
- Posts 328
- Votes 88
Hi BP, My team at Midwest Equity Partner is looking for discounted properties suitable for flipping in the Milwaukee and Chicago area in the 60-70% ARV range
In Chicago we are looking at houses in:
Southside of Chicago- Bricks good areas
Southsuburbs
Maywood, Bellwood and Austin (Chicago)
In Milwaukee we are looking for houses in the following zips:
53218, 53216, 53222, 53209, 53212, parts of 53210, 53225, 53207, 53223
Please email me with any candidate.
Post: Investor/Agent Checking-In: Madison, WI
- Real Estate Agent
- Madison, WI
- Posts 328
- Votes 88
Welcome Paul!
Post: Door County vacation rental condos -- why so cheap?
- Real Estate Agent
- Madison, WI
- Posts 328
- Votes 88
Originally posted by @Trevor Ewen:
Fair point man. My advice should be taken with a pretty large grain of Kosher salt, as I have not been there for 10 years. Nonetheless, I do think they tend to get less east coast tourism then Colorado.
I would definitely agree with you there.
Post: New investor looking in the greater Milwaukee area
- Real Estate Agent
- Madison, WI
- Posts 328
- Votes 88
@Steven Storyare you finding the 60-80k houses in tosa? are they rehabbed? We primarily work around the border of Tosa to the Northeast where it's cheaper and still nice. With rehabbed houses in the 1.5% to 1.8% rent to price ratios. Anyway, welcome to BP! Tons of great resources here and others who invest in Milwaukee like me.