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All Forum Posts by: Gino Passante

Gino Passante has started 4 posts and replied 50 times.

Post: Milwaukee WI South side multi-family investments

Gino Passante
Posted
  • Professional
  • Milwaukee, WI
  • Posts 52
  • Votes 25

Go big or go home, at least when it comes to properties! This month, we’re looking at multi-family homes on the south side of Milwaukee. Close enough to the city to enjoy the benefits of a metropolitan center yet far enough away to benefit from suburbia. The last decade has seen this area outperform many similar priced investments in the greater Milwaukee area. These opportunities never last! DM to get started.

We update our PAM PICKS frequently. Check them out here   http://pammke.com/pam-picks/

(If you’re not finding your perfect opportunity here, reach out to us. We'd love to help you get started on your road to investment success!)

Post: Tenant Screening: Bad Credit okay?

Gino Passante
Posted
  • Professional
  • Milwaukee, WI
  • Posts 52
  • Votes 25

1. Can you verify his payment history to the last two landlords ? 3rd party verification ( bank statement,cashed checks, owner verification)

Establishing him paying rent on time is critical, in our experience a small percentage of humans change behavior so in this case past performance is a good indicator of future performance.

2. Is his net monthly income 4X greater than the rent amount?

3. What other monthly debt does he have? Car? Medical? Student loans?

4. In Wisconsin we have a CCAP system that allows us to view judgements against individuals. We always want to understand who else they have stiffed? Its probable that if they have a long history of this that if things go sideways in their life they're more likely to stiff us rather than fighting to make us whole.

After answering the above questions you should have a good understanding of how strong of a prospect you have.

Post: Successful Milwaukee, Wisconsin purchase

Gino Passante
Posted
  • Professional
  • Milwaukee, WI
  • Posts 52
  • Votes 25

53110

53172

53235

53207

53214

53204

53215

53219

There are many other zips I would invest in but these have the best deals with the best performance currently... 

Post: New Member from Ocala, Florida

Gino Passante
Posted
  • Professional
  • Milwaukee, WI
  • Posts 52
  • Votes 25

Greetings from Milwaukee WI! 

Cant agree more with attending REIA meetings. They are priceless networking tools, and of course the Bigger Pockets podcast!

Post: RE bird dog Milwaukee Wisconsin

Gino Passante
Posted
  • Professional
  • Milwaukee, WI
  • Posts 52
  • Votes 25

I would highly recommend joining the Real estate investors association ( REIA ). Incredible tool for local networking.

Post: Looking for CPA / Accountant in Milwaukee Proper

Gino Passante
Posted
  • Professional
  • Milwaukee, WI
  • Posts 52
  • Votes 25

Leah Weber. Affordable, smart, and experienced... DM me for contact info.

Post: Help Deciding: Milwaukee or KC

Gino Passante
Posted
  • Professional
  • Milwaukee, WI
  • Posts 52
  • Votes 25

We have some great picks for fix to flip/ rehab rentals in the Southside/cudahy area. updated bi-weekly. DM for link.

Post: RE/Partnership Attorney in Wisconsin

Gino Passante
Posted
  • Professional
  • Milwaukee, WI
  • Posts 52
  • Votes 25

heiner giese

Post: Help Deciding: Milwaukee or KC

Gino Passante
Posted
  • Professional
  • Milwaukee, WI
  • Posts 52
  • Votes 25

west allis is safe

Post: Milwaukee 4 unit Insurance

Gino Passante
Posted
  • Professional
  • Milwaukee, WI
  • Posts 52
  • Votes 25

Bob Dummer , google for number or DM