All Forum Posts by: Matt Rosenthal

Hi Jacob,

Thanks for the reply.

Hi @Daniel Hyman,

Thank you for posting. I grew up in the Sheboygan area. I really enjoyed it there. If you find that you have any projects you could use some help with please let me know.

Hello BP community,

I just wanted to try and connect with some people in the central Wisconsin area (Wausau).  I'm a beginner in real estate investing and would like to find some people to collaborate with to gain some knowledge and make some relationships.  For myself, its time to get the ball rolling and become active in real estate investing.  I've been reading as much as I could from this site for the past year and I would like to connect with some like minded individuals and hopefully some who have some more experience than I do.  I look forward to hearing from you!

Hi Joel, 

Thanks for checking in to the discussion. After reading your comment I guess I'm slightly confused about what your trying to convey on the topic.  Are you saying that having a wide demographic to choose from is a bad thing? If you could clarify it would be appreciated. 

In response to your question, I can't tell you that the venue is so special people will drive from 20 miles away to book it.  Mainly, because it doesn't exist yet.  Second, when people want to book an event, the people who run the venue matter just as much as the beauty of the venue itself.  Customer service is a high priority to us and after years of building a steady clientele I event planning there have been many referrals and much positive feedback.  I understand there is more business and marketing involved in following this dream.  So what advice and recommendations can you give for this situation?

Hi Jimmy,

Thanks for the input.  I'll just clarify the situation a little more just so there is a better picture.  The location I have in mind is about 3 miles off of a major interstate and there is about a population of 150,000 within a 20 mile radius.  In central wisconsin a majority of the current banquet halls are very outdated or else have contracts with vendors that make it difficult for people to plan an event to their specifications.  We need to do a bit more research but there certainly seems to be a demand.  There would be a kitchen prep space for starters.  Quite a few caterers in the area can cook the food off site and simply need a place to prep and warm it up.  Over time I think a full kitchen would be added as the funds appear.  I do understand it takes more than 4 walls to make a banquet hall and tried to keep the topic concise and general just to introduce the question.  Thanks again for your insight.

Hi Greg,

Thank you for your insight.  At this point, my wife and I are leaning towards new construction on a timber frame structure in a rural setting.  In addition to what you were suggesting with historic properties, there aren't that many to choose from that have potential as an event space and also provide parking area.  

I can't say that I have researched any programs historic property grant programs, but I will certainly give it a look.  Thank you for your input, it was appreciated

Hello BP,

I'm still new to the site and very new to real estate investing, but I have an idea that I'd like to get some feedback on.  Over the past few years my wife and I have been kicking around the idea of starting a reception hall venue near our home in central Wisconsin.  My wife is an event coordinator and for years we both  have noticed a need for a new venue in the area.  We do not know if buying or building is a better option and we would most likely need an investor as we only have around 35k to put towards it.  I know there are a lot of variables in this scenario, but I was wondering if anyone had some experience on the business side or advice on purchasing or building a commercial property like this.  Any input would be appreciated, thanks.

Hello All,

My Name is Matt and I am from the central Wisconsin area.  I decided to take the plunge and create a profile on Bigger Pockets earlier this month.  I've been nervous doubtful about what this Bigger Pockets community is all about.  But I told myself that I want to give it my best shot and try and make some connections and learn the most I can from all of the amazing insight and educational material available here.  I am an electrician by trade, but I interested in seeing what the real estate side of things is like.  I am completely new to real estate investing and would like to soak up as much information pertaining as to getting started with low to no money down scenarios.  I am looking forward to seeing where this all goes!