All Forum Posts by: Tony Blessings

I would like to diversify my portfolio by investing in some town in Ohio. For those investing in Ohio, what area would you invest in and why? I will be choosing between Cincinnati, Columbus, Cleveland and Dayton. I currently own 18 rental units in Milwaukee, WI.

Hello Good People,

I am looking for a foreclosure Attorney in Milwaukee to do title search on bank REOS being auctioned on line and also to evict the occupants in the properties after i win a bid. Any referrals you have used would be highly appreciated. Can the title search be done by title companies?

@Bob E. Please send the name and phone number of the property manager. Thanks

@Rob Myers, that is a great number. Do you manage the properties yourself or do you use a property manager? My repair cost comes to about 30-40% and it's really killing my returns. My properties are in 53218 and 53204 area. crime map is green

@Amy Roberts I will send you a private message on the PM i am using. I am in the process of buying a 10 unit apartment and i used them as realtors and i don't want to mess up the deal. Once this closes i am done with them. I also own a 5 unit, a duplex and one SFH.

@Darren Budahn, thanks for the responses and i can't wait to over with them.

Hi fellow investors,

My properties are having a lot of repair charges and i am suspecting my PM is not ethical. For those investors in Milwaukee, what is the percentage of repair/maintenance cost in respect to gross rents collected? For example, if gross rent is 1800$, what actual percentage of the gross rent goes to property repairs?

I am in the process of looking for a new PM as the one i have is incompetent. They put a new tenant in my property and evicted them after 3 months and they did not tell me of the eviction. The only way i learned of the eviction was through the monthly statement with eviction costs totaling 425$! When i asked they said it was a mistake and they forgot about it....

@Dawn Anastasi,  @Shawn Ackerman, @William Newman, @Rebecca Knox, @Brie Schmidt, @Michelle Ayala et la, what % are you seeing in repair costs?

Tony

@Michael Henry many thanks bro. Will check them out.

@Darren Budahn thanks, i will check them out. Have you used them or do you know investors that have used them?

@William Newman Thanks for the info. Who doesn't like to be treated like loyalty? Have you used them before?

Hi investors in Milwaukee WI, can someone refer a good title company in Milwaukee that you have used before and are happy with? The last 3 properties i acquired last year i used steward title and i was not crazy about them. I am looking at a 10 unit in the area.

@Sam, thanks for sharing. Why can't you post the numbers here for us to see? Most profomas from sellers are almost never true. Just show us numbers that show 12.5% COC return. I will be in milwaukee next week and will be looking at 4-plexes in C + areas with 16-20% COC