Good Investment Property In Milwaukee Wisconsin

Today's properties are located in Pennsylvania and Wisconsin. One would make a great home to live in considering its' massive size and bedrooms, while the other would make a good rental property, especially considering it already has tenants and cash flows! Links to properties in the pinned comment.
One of the best home buying tips I can give you for real estate investing is buying foreclosures. Foreclosure homes even for a first time home buyer is a great way to build wealth with real estate.
Find a cheap home with some equity that needs a little bit of work, and after the work is done, have a safe home for you with a good bit of equity in it.
#cheaphouses #realestateinvesting #realestate

[@cheaphouses1]

Pennsylvania Home 5bdr ($85K): tinyurl.com/2p8pmadt
Milwaukee Rental Property ($55K): tinyurl.com/25s9sbtu
Tax Foreclosure ($6,500): tinyurl.com/2zhhvu3s

[@delluman]

Thanks for taking a look at Milwaukee! I've seen properties like this one when I first started looking in Milwaukee and gotten excited because of the pricing. Unfortunately, most of Milwaukee is not so good and as you'd say "the hood" I'd say this property is probably in a D class area unfortunately. If you drew a triangle on google maps between Wauwatosa, Milwaukee, and Brown Deer that whole area is at best C maybe B- class neighborhoods. Some parts of that triangle on the east side of Wauwatosa are good but only 5-10 city blocks east of it. When I look I usually checkout the Shorewood, Whitefish Bay, South Milwaukee, and Central Wauwatosa areas and I can't find any decent deals there. I do appreciate you taking a look in this area though I know you're very busy.

[@cheaphouses1]

Any time! You can usually tell what kind of areas they're in by the condition of the properties too. I do know many, many people who make a killing off of D class areas and actually make up most of their portfolio out of them. Most of those areas over the years have gentrified which has made them millionaires (liquid) a few times over! There's also the Section 8 (has a new name now) aspect of it. But, your tenants are rougher on your property.
Trade-off on everything. Personally, I don't rent at all, LOL. I just can not landlord, way too big of a headache for me! I use my properties personally or for family but just make sure I'm getting them AT LEAST half off. Good luck to you! There will be more properties in better areas. I'm actually trying to reel folks in with the super cheap homes in safe areas which is why I spend a lot of time in Kansas with the properties.

[@johnfuhrman2854]

Chris, make sure you just promote this as entertainment. What seems like a bargain from a far, might really be a money pit. Someone might foolishly buy one of these houses without a proper inspection and then blame you for their foolishness. Hopefully you would win if they sue you, but it might be expensive on your side for lawyer fees. Tool deals are clearly deals. Many of these cheap houses may be terrific deals, but a few may be financial disasters in the making. There is always risk in buying real estate.