All Forum Posts by: Ryan Janssen

Send me your list of off market properties in the Greater Milwaukee area in A and B neighborhoods.  I have been blessed with funds, I just need some homes to fix and flip!

Wow! Thank you for all of your responses. I am targeting a certain area in the Greater Milwaukee Area and the list is for a months worth of time in that area.  I plan on doing a drip campaign too for 1 year.  I appreciate the honest answers and will have to dip deeper and go out of our sweet spot range.  What is the monthly average you spend on these mailers?  I used a professional who did make a handwritten looking letter and it did not have our logo on it. He is experienced and his letters have worked for his.  I think I need to find more areas that I am interested in marketing too.

I may be a little impatient but after hearing nothing from 70 probate direct mailers, I am wondering if anyone else uses a different method to market to probate.  I am working with an experienced direct mail company and finding the list myself on our local CCAP.  We mailed out our list 4 months after probate was issued.  Does anyone recommend a different way to market to probate leads?  Posting something on our FB might appear to be heartless.  We know we can help people that have a trust, just looking for ways to market it.

Hi Jeremy!  Another way to find the c and d neighborhood wholesalers is the Milwaukee Area Craigslist!

Please send me any properties in the Greater Milwaukee Area that you want to sell!  We have been blessed with the financing Gods and are in need of properties!  Wholesalers and any investors interested, message me or comment to this thread!  We only invest in A and B neighborhoods.  I have 3+ years experience and have flipped over 50 homes so I am experienced in the industry.  

Trying to decide on the foreclosure marketplace?  I am considering it but would like to hear about others success on the forum.   I have endless stream of money and need to find properties to fill up the pipeline for one of my investors.  Please let me know your foreclosure marketplace story to help me decide if I should pay for the service.

We are about to do our first deal with Private Money Lenders LLC in Los Angeles California. Checking to see if anyone has used them for fix and flip loans? Please let me know your story if you have one. Thank you!

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $170,000
Cash invested: $20,000
Sale price: $230,000

This was a slam dunk deal! We added flooring, paint and some light fixtures to profit $50,000. Deals like these seem to be too good to be true, check the listing to see the numbers for yourself! Our investor made a nice chunk of change too. The property took 4 months to rehab and sell, making them $675 a month for 4 months on a $90,000 investment.

Investment Info:

Single-family residence fix & flip investment in Menomonee Falls.

Purchase price: $178,000
Cash invested: $170,000
Sale price: $322,500

Fix and flip, the investor got fat on this one because it was a year project and we paid him 10% APR. The investor made $1,483 a month for a year! We put over a 100 grand in this property and I made very little due to sales expense and investor income. This is a property that I learned a great deal about this business and how doing everything to a home in a flip may not be the best investment. We added a new roof, furnace, siding, windows, concrete driveway, updated the kitchen, master bathroom, added carpet and flooring throughout. This was a negative project for me but I did earn a lifetime investor!

My investors are happy with their returns.  I have a few bigger investors from CA that offer the same rate with a point or 2 in the front.  I really think it is a different ball game in the mid west!