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All Forum Posts by: Sam Koenig

Sam Koenig has started 2 posts and replied 4 times.

Post: Foundation Issues ~ When to get a structural engineer in?

Sam KoenigPosted
  • Sauk City, WI
  • Posts 4
  • Votes 3

Thanks for the advice!! I really appreciate it! 

Post: Foundation Issues ~ When to get a structural engineer in?

Sam KoenigPosted
  • Sauk City, WI
  • Posts 4
  • Votes 3

I am in the Madison, WI area and a new to real estate! Recently there was a foreclosure put on the market. From my unprofessional eye, the foundation looks respectable after walking the property. My question is, when in the timeline would you bring an engineer to get it professionally inspected? Obviously a major foundation issue would be a deal breaker and the numbers wouldn't work. Do you put in offers before knowing the condition of the foundation or is this where contingencies come into play after an offer is accepted from the bank? Any help or advice would be greatly appreciated!! Thanks!

Post: New Investor in South Central Wisconsin

Sam KoenigPosted
  • Sauk City, WI
  • Posts 4
  • Votes 3

Hello everyone! My name is Sam Koenig and I currently teach middle school in a district near Madison, WI.  I joined Bigger Pockets over a year ago but my studies have gotten more serious over the past few months. The first few months I joined Bigger Pockets I was still finishing my college degree at UW-Milwaukee and I didn't spend anytime on the forums. I'm looking forward to be more proactive in the forums and learn from many experienced investors! My last few months have consisted of listening to the BP podcasts to and from school, as well as reading the books "ABC's of Real Estate Investing" and "Rich Dad, Poor Dad." 

My goal is to make that first deal happen by June 2018. My initial focus is going to be on flipping (during the summers) as well as buy and holding rentals down the road. I currently live in an 8 unit family owned apartment that I would love to eventually buy.

I can't wait to make connections through this wonderful community on BP!

I hope everyone enjoys their holiday season! 

-Sam 

Post: Madison Real Estate Investors Meetup Club

Sam KoenigPosted
  • Sauk City, WI
  • Posts 4
  • Votes 3

I would love to attend but I am busy tomorrow night. I am very new to real estate and would love to connect with people from the Madison area! Please keep me in the loop!