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Updated 1 day ago on . Most recent reply

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Sungyeol Park
4
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16
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Milwaukee for Fix & Flips?

Sungyeol Park
Posted

Hello!! 

This site has become such a great resource to me and I wish I found it sooner! 

Just looking for opinions on the Milwaukee area for fix and flips? 

Appreciate any opinions/first hand experiences! 

Thanks in advance for reaching out and sharing with me! 

Most Popular Reply

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152
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Seth McGathey
  • Real Estate Agent
  • Milwaukee WI
116
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152
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Seth McGathey
  • Real Estate Agent
  • Milwaukee WI
Replied

I have not done any flips, but I know some people who do. Milwaukee definitely works for them, but just like any market, you have to run your numbers carefully and be aware of what you can actually get for an area after fixing it up. For example, there are some areas of Milwaukee where you can fix up a house that was $80,000. And similar houses just a few blocks sell for $250,000. But that block that the $80,000 house is in, won't sell for more than $150,000 no matter how much you put into it.

If you need help navigating the Milwaukee market, let me know. I am an active investor and agent. And even though I don't currently do flips, I can help you run the numbers, find the deals, and connect with other investors and contractors. 

Good luck! 

  • Seth McGathey

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