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Talking Investment Properties with Rock Realty · Ask The Experts

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Speaker 1: At oh five thirteen ten Wi b A and asked
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Speaker 1: the experts with Rock Realty online Rock Wisconsin dot com.
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Speaker 1: That's our o. Ck Wisconsin dot com. Great website to
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Speaker 1: check out. I even been there recently. Come on, get
0:11
Speaker 1: on over there. It's a great day to do it.
0:13
Speaker 1: I look at the overcast skies and we've had some
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Speaker 1: rain in the past couple of days. Nice little escape,
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Speaker 1: just to dream and see some beautiful houses. If you
0:20
Speaker 1: are in the market looking to buy, great day to
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Speaker 1: make contact with the folks at Rockrealty. They're telling number
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Speaker 1: six O eight six seven three fifty four hundred. That's
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Speaker 1: six o' eight six seven three fifty four hundred. Or
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Speaker 1: looking to list as well. It's a great day to
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Speaker 1: do that. Rock Wisconsin dot com great website. Also Rocklistings
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Speaker 1: dot com. That's rock rck listings dot com. Joined in
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Speaker 1: studio this morning by mister Matt Heytman of Rockrealteam. Matt,
0:42
Speaker 1: How you been I've been good.
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Speaker 2: How are you sean?
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Speaker 1: I'm doing great? Stand dry? Ah yeah? How about the property?
0:48
Speaker 1: All o the home stand dry?
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Speaker 2: So far, so good, haven't I haven't seen anything that's concerning.
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Speaker 1: And we and for folks that want to listen back.
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Speaker 1: I know a couple of weeks ago we talked about
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Speaker 1: some things when it comes to purchasing a home and
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Speaker 1: some some things you can get to protect your investment,
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Speaker 1: and uh, really great information on all of that up
1:05
Speaker 1: at WIBA dot com. Of course, you can also check
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Speaker 1: out rock Wisconsin dot com. That's r O c K
1:10
Speaker 1: Wisconsin dot com and and get caught up on those
1:13
Speaker 1: type of things. We're gonna be talking investment properties this week,
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Speaker 1: and what a great talk about great opportunities. Uh, there's
1:19
Speaker 1: some really nice stuff out there in the area as well.
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Speaker 1: We'll talk with Matt about that in just a moment.
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Speaker 1: But first and foremost featured listing this week, it is
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Speaker 1: a great one in Verona. If I remember Cort it
1:30
Speaker 1: is Verona, right on Enterprise Drive and Bethany Alexander is
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Speaker 1: a listing agent on this property. And remember the first
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Speaker 1: time it was earlier this it been Monday. With that yesterday, Wow,
1:44
Speaker 1: it's Tuesday. I saw this, I thought, how is this
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Speaker 1: house on the market? And it is, and it's a
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Speaker 1: great opportunity. It's one of those where as we're talking
1:53
Speaker 1: right now, you don't want to waste time, you don't
1:55
Speaker 1: want to that data lead daddle what's that house? I
1:57
Speaker 1: go that daddle around the diddle dadd whatever it is,
2:00
Speaker 1: fiddle fattle. You don't want you don't want to sleep
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Speaker 1: on this one because it's going to go fast. Let's
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Speaker 1: talk about this three bedroom house in Verona, Matt.
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Speaker 2: Yeah, it's a five five to four enterprise drive. It's
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Speaker 2: a condo in Verona, and as we know, since Epic
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Speaker 2: came around, Verona has been a pretty hot market, a
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Speaker 2: very stable market, great place for investment property. Yes, segue,
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Speaker 2: it's a three bedroom, two and a half bath unit.
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Speaker 2: And you know, it's one of those things that you know,
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Speaker 2: sometimes you can, if you're willing to put in a
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Speaker 2: little bit of work, you can get a heck of
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Speaker 2: a deal. And this one, it's assessed it three hundred
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Speaker 2: and sixteen thousand dollars and it's currently listed it to
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Speaker 2: eighty five.
2:42
Speaker 1: Oh wow.
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Speaker 2: Yeah, if you're able to just throw in some new carpet,
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Speaker 2: I think you've got an opportunity.
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Speaker 1: Yeah, that's that is amazing. And we're going to talk
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Speaker 1: to as we as you mentioned, we'll be talking about
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Speaker 1: investment opportunity stuff like this too. And I wonder how
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Speaker 1: big and you would know this. How big of an
2:59
Speaker 1: impact has Picks growth and expansion had on on real
3:02
Speaker 1: estate in general?
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Speaker 2: Matt Well, I mean I think you can see, you know,
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Speaker 2: the number of new sub division that went in around Verona.
3:09
Speaker 2: You know since that time. I remember when it was
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Speaker 2: kind of announced, I didn't know what a big deal
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Speaker 2: it actually was, right, you know, software exactly, Okay, well
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Speaker 2: how big could it be? And now you travel down
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Speaker 2: one fifty one and you're like, wow, that was quite
3:26
Speaker 2: the event. So no, it definitely helped home prices in Verona.
3:30
Speaker 2: You know, there's you know, from everything from temporary lodging
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Speaker 2: for you know, when they have people that just need
3:37
Speaker 2: to visit the complex, to you know, home prices for
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Speaker 2: those that have full time jobs there. It definitely has
3:45
Speaker 2: put a bit of a floor below that market.
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Speaker 1: And this is a really good opportunity whether you're looking
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Speaker 1: for if you're an employee looking for a really great,
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Speaker 1: great place nearby work, or if you're looking for that
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Speaker 1: opportunity to rant it. I think too, is you mentioned
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Speaker 1: you know, whether it's like an Airbnb and other things.
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Speaker 1: I know they bring in sometimes like executives or other
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Speaker 1: other management and they'll spend months a couple of months
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Speaker 1: sometimes at the at the location here in town, at
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Speaker 1: the at the Corona location, and any places to stay
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Speaker 1: as well, don't they.
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Speaker 2: Yeah. Yeah, And obviously you know with any sort of
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Speaker 2: kind of Airbnb or short term rental thing, you'll have
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Speaker 2: to to make sure that it's allowed in the homeowners
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Speaker 2: association or the condo association. But yeah, definitely an opportunity
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Speaker 2: around Verona for that.
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Speaker 1: A great price is a five point fifty four enterprise
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Speaker 1: drive in Verona. Again, that's five fifty four enterprise drive.
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Speaker 1: All the details up at Rock Wisconsin dot com. That's
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Speaker 1: rock Rock Wisconsin dot com. Again. At that price, that convenience,
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Speaker 1: that neighborhood, it's not going to last very long. You
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Speaker 1: definitely want to call Bethany this morning. Tell phone number
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Speaker 1: six oh eight two one two forty one oh one.
4:48
Speaker 1: That's six oh eight two one two forty one oh
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Speaker 1: one for Bethany. Say hey, Bethany, I want to talk
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Speaker 1: and see this house on enterprise. I think we'll talk
4:54
Speaker 1: a little bit more about the housing features. And as
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Speaker 1: you mentioned, Matt ties in very nicely with what we're
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Speaker 1: going to talk about this week, which is investment properties
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Speaker 1: in real estate can be a phenomenal investment before we
5:07
Speaker 1: kind of get into the different areas that folks need
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Speaker 1: to understand just in general when it comes to investments
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Speaker 1: and we're all looking to maximize you know, returns and opportunities.
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Speaker 1: Real estate can be a really really good tool, can't it.
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Speaker 2: Yeah, definitely. And you know it's kind of a well
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Speaker 2: known fact that real estate's created more millionaires than any
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Speaker 2: other industry, right. You know, it's not a quick money play,
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Speaker 2: it's a long play, but it's very stable and just
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Speaker 2: a great idea for especially if someone's starting off. You know,
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Speaker 2: if you can make the right decisions in the beginning
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Speaker 2: and start scaling up, you can make huge headway.
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Speaker 1: One of the things I notice for folks that kind
5:46
Speaker 1: of they'll maybe they'll dip their toe in, they'll buy
5:48
Speaker 1: a duplex, or maybe they'll buy a little for unit.
5:51
Speaker 1: It doesn't sit at that very long exactly. I think
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Speaker 1: they start to see, like you know, they're like, oh,
5:56
Speaker 1: I'll give this a try, and they quickly realize what
5:59
Speaker 1: a great opportunities And you'll you'll quickly meet people that
6:02
Speaker 1: are like, hey, we started out with a couple of duplexes,
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Speaker 1: and now they're like, he we own this whole subdivision
6:07
Speaker 1: because it's it is it is really really it gets
6:10
Speaker 1: in their blood. Yes, yes, yes it does, Yes it does.
6:13
Speaker 1: Talking this running Matt Hytmen of Rock Realty Online Rock
6:15
Speaker 1: Wisconsin dot com. That's Rock r O c K Wisconsin
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Speaker 1: dot com. There's opportunity everywhere, and there's different areas as well,
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Speaker 1: depending on what you're what you're looking to do, and
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Speaker 1: understanding that that market type is really important, isn't it, Matt.
6:29
Speaker 2: Yeah, you know there's different areas to look when you're
6:32
Speaker 2: looking to do an investment property. Obviously, if you're looking
6:37
Speaker 2: to just make your own, you know, home, homestead, family purchase,
6:41
Speaker 2: it's a maybe a slightly different view on it. Right.
6:44
Speaker 2: You can be out in the country and just enjoy
6:47
Speaker 2: that life, but it might not make for the best
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Speaker 2: of rental, right, it might not bring in the best
6:52
Speaker 2: per month rent either, right, So looking at places like
6:55
Speaker 2: urban markets obviously Madison. You can be looking at Milwaukee
7:00
Speaker 2: Green Bay. I mean, if you get one of those
7:02
Speaker 2: houses right by Lambeau, though it might be a good investment.
7:05
Speaker 1: Might be a bad idea.
7:06
Speaker 2: Yeah, and boy, those those are looking neater.
7:09
Speaker 1: And every time I think they call put that reinvesting
7:14
Speaker 1: in there.
7:14
Speaker 2: In there, I think I saw one with an indoor
7:17
Speaker 2: pool this last time. Yeah, pretty neat. Another place you
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Speaker 2: can look for, you know, long term and short term
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Speaker 2: rental investments would be college towns, right, so Madison, Eclaire, Lacrosse, Whitewater.
7:30
Speaker 2: You know, because student housing is stable, seasonal of course,
7:33
Speaker 2: but stable. It comes with its own headaches. But but
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Speaker 2: again this is a long term.
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Speaker 1: Invest and Matt some of this too. You mentioned some
7:41
Speaker 1: of those headaches, some of that that stuff. I think
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Speaker 1: sometimes people forget that you can kind of offload some
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Speaker 1: of those responsibilities. There's companies out there. You buy the property,
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Speaker 1: they will they will handle all that that heavy work
7:53
Speaker 1: for you. I think, I like students, for example, you're
7:55
Speaker 1: doing it, you know, leases sometimes short term sometimes college
7:59
Speaker 1: can be college kids and damage do other things. There's
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Speaker 1: people out there that you can you know, you buy
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Speaker 1: the property, they will gladly for a fee, they will
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Speaker 1: gladly manage that property for you.
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Speaker 2: Allah. Yeah, I think the kind of the general i'd
8:11
Speaker 2: say median out there somewhere between ten and twelve percent
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Speaker 2: of the runt payment, right, So, I mean if you're
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Speaker 2: charging fifteen hundred or let's just say two thousand dollars
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Speaker 2: a month, you know, two hundred dollars towards that property
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Speaker 2: management company. You know, a lot of times that will
8:27
Speaker 2: eat into your cash flow, right, and a lot of
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Speaker 2: it depends on how much money you are putting down.
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Speaker 2: But it'll definitely add to your quality of life.
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Speaker 1: Yes, they will, Yes, they will. Talking this morning with
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Speaker 1: Matt Heyman, of course, Matt comes with from Rock Realty
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Speaker 1: Online Rock Wisconsin dot com. That's Rock Rock Wisconsin dot
8:45
Speaker 1: com and Matt you mentioned earlier understanding with things like
8:47
Speaker 1: Airbnb and some of the other things, understanding what the
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Speaker 1: local rules are and whether it's a neighborhood condo association
8:54
Speaker 1: and other things understanding that. But also there are landlord
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Speaker 1: tenant laws as well that you definitely want to be
9:00
Speaker 1: aware of, aren't there.
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Speaker 2: Yeah, yeah, I mean there are a lot of different
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Speaker 2: rules that are unique to Wisconsin. I think it's important
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Speaker 2: that you know that before going in. There's a Tenant
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Speaker 2: Resource Center in Madison that you can contact, and you
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Speaker 2: can contact them as tenants or landlords. I've done it
9:16
Speaker 2: myself multiple times to get some clarification on things, and
9:21
Speaker 2: you know, they'll they'll even sell you the appropriate books, right, Yes,
9:27
Speaker 2: so you know there are resources out there. It's good
9:29
Speaker 2: to know things ahead of time. You don't want to
9:31
Speaker 2: find out after the fact that you're you've put yourself
9:34
Speaker 2: into a bind.
9:35
Speaker 1: And that's and you mentioned that that the tenant resource,
9:37
Speaker 1: and I think a lot of folks are familiar with
9:39
Speaker 1: them if you've got like a college student for example,
9:41
Speaker 1: and using them as a resource. But also if you
9:43
Speaker 1: are a property owner, there are it's a resource as
9:47
Speaker 1: well for you. What about things like taxes and other things.
9:50
Speaker 1: Obviously when you talk about an investment property, you're really
9:53
Speaker 1: looking a lot at the numbers, and you do want
9:54
Speaker 1: to look at the property tax as well, don't you, Matt, Yeah,
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Speaker 1: I think so.
9:58
Speaker 2: And it can vary so much when this in general,
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Speaker 2: Wisconsin's a little above average as far as property taxes go.
10:05
Speaker 2: We're no Illinois, but it's definitely definitely a price higher,
10:08
Speaker 2: right And it's boy, I mean even even just you know,
10:14
Speaker 2: a village tax rate versus the city tax rate can
10:18
Speaker 2: make a big difference. That being said, the taxes, you know,
10:22
Speaker 2: typically I'm not an accountant, but typically are deductible, you know,
10:25
Speaker 2: because it is an expense towards that property. But you know,
10:29
Speaker 2: like like I usually say, it's it's better to not
10:32
Speaker 2: have to pay it and not have the deduction if
10:35
Speaker 2: if you can get around it.
10:36
Speaker 1: So what about too is is we talk some of
10:38
Speaker 1: the numbers financing is and I know we've had folks
10:41
Speaker 1: in talking about, you know, different lenders and other things
10:45
Speaker 1: I'm financing for for a rental property is a little
10:47
Speaker 1: an investment property a little bit different? Also, isn't that's
10:50
Speaker 1: a that's a different different kind of wheelhouse. Obviously there's
10:53
Speaker 1: some very similar things, but it's definitely something that that
10:56
Speaker 1: works a little bit different.
10:57
Speaker 2: I think. I think it's one of the more important
10:59
Speaker 2: things to look at prior to go out going out
11:01
Speaker 2: and shopping. Depending on the property type, you can you
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Speaker 2: can literally be a first time home buyer and you
11:10
Speaker 2: can purchase a duplex or a four plex, so you
11:15
Speaker 2: can owner occupy a four plex have three tenants paying
11:18
Speaker 2: you know, three quarter of your mortgage. Right, if you
11:21
Speaker 2: really wanted to get yourself into that situation right away, yeah,
11:23
Speaker 2: I would recommend it. I mean, it's a great deal,
11:25
Speaker 2: right if you can find a four plex and deal
11:26
Speaker 2: with that while you're still young and don't have a
11:28
Speaker 2: huge family well, go for it, right, But you know,
11:32
Speaker 2: when you get to larger properties like six unit, eight unit,
11:36
Speaker 2: twelve unit, a lot of times that veers into commercial
11:39
Speaker 2: financing and such and just it's it's so important to
11:42
Speaker 2: see what your options are out there. What you'll find is,
11:44
Speaker 2: you know, banks are going to have different options than
11:47
Speaker 2: a credit union. Right. You may find that a local
11:50
Speaker 2: credit union offers a portfolio loan alone, that they actually
11:55
Speaker 2: loan the money themselves versus getting it from one of
11:58
Speaker 2: the government entities. And it might require a smaller down payment.
12:02
Speaker 2: So in general, you're probably gonna need fifteen to twenty
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Speaker 2: five percent down for investment properties, sometimes higher, but usually
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Speaker 2: you can find someone that'll do it for twenty twenty
12:11
Speaker 2: to twenty five percent if it's if it's literally investment
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Speaker 2: property and not owner occupied.
12:16
Speaker 1: And for folks that you to drive around town and
12:18
Speaker 1: there's some big name developers that we're all familiar with,
12:20
Speaker 1: and people have to wonder how they get to there,
12:23
Speaker 1: they all a lot of them. Can get a chance
12:25
Speaker 1: to talk with them, they will tell you a lot
12:26
Speaker 1: of them started single. You know, I had one unit
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Speaker 1: and kind of grew from there. So it just goes
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Speaker 1: to show you what great opportunities there are out there,
12:34
Speaker 1: and of course it's no secret that there's great opportunities
12:36
Speaker 1: out there. We're talking a little bit about kind of
12:38
Speaker 1: how to get the edge when it comes to buying
12:41
Speaker 1: and looking for investment property. We'll do that next with
12:44
Speaker 1: Matt Heypman. Of course, Matt comes to us from Rockrealty
12:46
Speaker 1: the website Rock Wisconsin dot com. That's our Ock Wisconsin
12:50
Speaker 1: dot com. More of ask the experts with Rockrealty next
12:53
Speaker 1: right here on thirteen ten wu ib I eight fifty
12:56
Speaker 1: thirteen ten WI b A and ask the experts with
12:59
Speaker 1: Rock Realty. Hanging out with Matt Heyman. Of course, Matt
13:01
Speaker 1: comes to us from Rock Realty, the website Rock Wisconsin
13:04
Speaker 1: dot com. That's Rock r O c K Wisconsin dot com.
13:07
Speaker 1: Talking investment properties this week, I'll tell you a little
13:10
Speaker 1: bit about this week's featured listing, which could be a
13:12
Speaker 1: great investment opportunity. I'll tell you about that in just
13:15
Speaker 1: a moment. Matt, though, just before the break, one of
13:17
Speaker 1: the things we talked about all the great benefits in
13:19
Speaker 1: that first segment and why a lot of folks look
13:22
Speaker 1: for investment properties now because of that. It's a very
13:26
Speaker 1: competitive market. Especially for those really ideal properties. There are
13:30
Speaker 1: some things you can do, tricks and other things that
13:33
Speaker 1: folks can be doing when they're when they're doing that,
13:35
Speaker 1: I've got to guess working with good agent is probably
13:38
Speaker 1: a big part of that. Also.
13:40
Speaker 2: Yeah, you know, there aren't a lot of people that
13:44
Speaker 2: end up selling their investment properties. It's a it's kind
13:46
Speaker 2: of a rarity, right, it comes at the right time
13:50
Speaker 2: in their lives, and or they're looking to upgrade to
13:54
Speaker 2: a larger, you know, complex development something like that. So
13:58
Speaker 2: what you find is more more so than single family
14:02
Speaker 2: there's a lot of off market deals that go on
14:05
Speaker 2: right and so having the right agent and to able
14:08
Speaker 2: to kind of source those is important. You know. They
14:10
Speaker 2: can do things like direct mail campaigns, or they can
14:14
Speaker 2: figure out if there's any out of state owners and
14:17
Speaker 2: contact them. Just through their normal networking. They can find
14:21
Speaker 2: out who who's thinking or considering selling their investment properties.
14:25
Speaker 2: So if you actually are hire a buyer agent, they're
14:28
Speaker 2: allowed to go out and do those things off market
14:30
Speaker 2: and find those things for you.
14:31
Speaker 1: Oh, that's fantastic to hear. And yeah, having that having
14:35
Speaker 1: that person working for you kind of doing that, doing
14:37
Speaker 1: some of that leg work and understanding that is a
14:39
Speaker 1: big deal sometimes, you know, you think about folks as
14:41
Speaker 1: they assemble their portfolios and things tend to change. Maybe
14:44
Speaker 1: there is that one off that just doesn't fit perfectly
14:46
Speaker 1: in with what they're doing, and a great opportunity there.
14:50
Speaker 1: We've we've got duplexes triplexes in the area. Those are
14:55
Speaker 1: really nice for a number of reasons. Is they can
14:58
Speaker 1: be a little more on the affordable side. And then
15:01
Speaker 1: they also because they're more affordable, and because there's two
15:05
Speaker 1: or three in some of these or more, there's some
15:07
Speaker 1: there's some financial opportunities there aren't there.
15:10
Speaker 2: Yeah, I'm being able to bundle that into one mortgage
15:12
Speaker 2: payment's important. You can kind of save some money. You
15:15
Speaker 2: immediately know who the next door neighbor is because you
15:18
Speaker 2: own both sides, right, so you can kind of manage
15:22
Speaker 2: what tenants you bring in there as far as making
15:24
Speaker 2: sure they have good rental history and have been treating
15:28
Speaker 2: the properties properly, or if you can find those things
15:30
Speaker 2: out right, we get more and more limited. There is
15:32
Speaker 2: what we can ask though, unfortunately, but yeah, I mean,
15:36
Speaker 2: if you can target duplex's three units, four units, you
15:41
Speaker 2: know it's it appeals to a large group.
15:43
Speaker 1: What about And obviously it has become kind of the
15:47
Speaker 1: go to for a lot of folks that are looking for,
15:49
Speaker 1: you know, kind of a little getaway and something unique.
15:52
Speaker 1: Airbnb has become very popular. Mentioned that Lambeau and some
15:55
Speaker 1: other other obviously here in Madison with Badger football and
15:59
Speaker 1: Badger basketball, Airbnb is definitely an opportunity for you to make, uh,
16:03
Speaker 1: make some good money if you've got that right property,
16:06
Speaker 1: isn't it. Yeah?
16:07
Speaker 2: And I think that you know something that's missed off
16:10
Speaker 2: and is Airbnbs can be attractive in almost any town,
16:14
Speaker 2: any market, right, There's always going to be family members
16:18
Speaker 2: coming into visiting. And if you have any sort of
16:21
Speaker 2: you know, commercial businesses or you know, any development to
16:25
Speaker 2: where people are bringing in managers that need to be
16:31
Speaker 2: there for a month or two, I mean, they'll pull
16:34
Speaker 2: up Airbnb and they'll try to find something. So a
16:36
Speaker 2: lot of times what they'll what they'll notice is that
16:38
Speaker 2: in a particular town there isn't a lot of airbnb options.
16:40
Speaker 2: So if you're one of the few that are available,
16:44
Speaker 2: you can find some good success there. And it doesn't
16:45
Speaker 2: necessarily have to be at a place called you know,
16:48
Speaker 2: the Dell's or door County or downtown Madison. It can
16:51
Speaker 2: be one of the outlying sub suburbs.
16:54
Speaker 1: That's interesting perspective, I think. I think a lot of
16:56
Speaker 1: us and I think a lot of this too, as
16:58
Speaker 1: you're looking for those right rental properties or those investment opportunities,
17:02
Speaker 1: sometimes stepping out of of what your expectations are. I
17:05
Speaker 1: think for a lot of a lot of folks, we're thinking, oh,
17:07
Speaker 1: I'd love to have an airbnb right on campus or
17:10
Speaker 1: right you know, but there's also opportunities outside of those
17:14
Speaker 1: areas that can be quite lucrative and and uh and
17:16
Speaker 1: probably a little more. Nothing against the college students or
17:20
Speaker 1: those type of things, but sometimes they can be rough
17:22
Speaker 1: with things. So you get like a place where somebody
17:24
Speaker 1: is just looking for a nice relaxing week or a
17:26
Speaker 1: place to work out of while they're while they're in
17:28
Speaker 1: talent long term.
17:29
Speaker 2: In our subdivision in Stoughton, one of the houses sold
17:33
Speaker 2: and it turns out they turned it into airbnb. Oh wow,
17:36
Speaker 2: you know there's that's just a subdivision in Stoton And
17:39
Speaker 2: I got to say, it's pretty busy. It's it's pretty full.
17:42
Speaker 1: I saw the listing. It says live near matt Heiden
17:44
Speaker 1: and it's been booked solid for you. It comes with airhorns. Yeah.
17:49
Speaker 1: Talk that is running with Matt Hymn of Rockrealty Online
17:51
Speaker 1: Rock Wisconsin dot com. That's Rock ro c K Wisconsin
17:55
Speaker 1: dot com. Obviously, I'm just kind of looking for the
17:58
Speaker 1: right areas. There's growth zone, there's other things out there,
18:01
Speaker 1: things that you know today may look like why are
18:03
Speaker 1: you eyeballing that? And then in a year or two
18:05
Speaker 1: you discover while I was eyeballing it because things are happening,
18:08
Speaker 1: big projects are on the horizon. We talked about Epic
18:10
Speaker 1: and you kind of pointed out earlier a lot of
18:14
Speaker 1: us when that first started expanding, We're like, an, no
18:16
Speaker 1: big deal, and then you realized, Wow, that was a
18:19
Speaker 1: really big deal, wasn't Yeah, I would say that.
18:21
Speaker 2: You know, obviously, you know, the more people a new
18:25
Speaker 2: company is going to hire, the know, the better the
18:28
Speaker 2: investment opportunity. It's also pertains to you know whether or
18:32
Speaker 2: not you're going to have people coming into town for something. Right,
18:36
Speaker 2: So let's say they they were to actually put up
18:41
Speaker 2: the golf, Yeah, out and out in Manona like they
18:45
Speaker 2: planned on, right, Well, maybe then people come in for
18:48
Speaker 2: a weekend and yeah, go hit up, do some golfing
18:52
Speaker 2: and then and then need an airbnb at the same time.
18:54
Speaker 1: And there's other opportunities as well with with investment, things
18:58
Speaker 1: like buying knowing that you're going to sell in the
19:00
Speaker 1: future and buying a property that's that's affordable, may need
19:05
Speaker 1: a little bit of work and put a little equity
19:07
Speaker 1: into it and a little bit of sweat equity into
19:09
Speaker 1: it and turn around and get a get a lot
19:11
Speaker 1: of a lot of a lot of money for then
19:13
Speaker 1: that's a great thing about having that conversation. Great day
19:16
Speaker 1: to learn more online Rock Wisconsin dot com. That's Rock
19:18
Speaker 1: r c K Wisconsin dot com speaking of great opportunities
19:22
Speaker 1: to get a house that is a condo side by
19:26
Speaker 1: side that is, it's got a garage, it's got everything.
19:28
Speaker 1: In Verona, it's great neighborhood. If you've got a little
19:31
Speaker 1: bit of a little bit of gumption to do some work,
19:34
Speaker 1: you can really turn this into a into a palace.
19:37
Speaker 1: Let's talk about this house on Enterprise Drive, Matt.
19:39
Speaker 2: Yeah, it's a five five four Enterprise Drive in Verona,
19:42
Speaker 2: three bedroom, two and a half bath, has an attached garage,
19:45
Speaker 2: which is a huge, huge bonus, and it's got a
19:48
Speaker 2: great layout, just a matter of a maybe replacing some flooring.
19:51
Speaker 2: You're getting the thing at thirty thousand dollars below assessment
19:55
Speaker 2: at two hundred and eighty five thousand, So it's an
19:58
Speaker 2: opportunity if you just give a Bethany ring there.
20:00
Speaker 1: And Bethany's number it is six oh eight two one
20:03
Speaker 1: two forty one oh one. That's two p one two
20:05
Speaker 1: forty one oh one. And Matt, do you ever just
20:07
Speaker 1: get the itch to be like, hey, you know what,
20:08
Speaker 1: let's uh, let's look at this myself. Well, sometimes I just.
20:11
Speaker 2: Got to call Bethany agent agent preview and just walk through.
20:15
Speaker 1: Yeah, that's really really good stuff. Bethany Alexander listing agent
20:18
Speaker 1: on this property. Again, it's right an Enterprise Drive in Verona,
20:21
Speaker 1: Telpha number six oh eight two one two forty one
20:23
Speaker 1: oh one. That's two one two forty one oh one. Again,
20:26
Speaker 1: this property is not going to last long, so she
20:28
Speaker 1: definitely want to call Bethany today. But looking for some
20:31
Speaker 1: great listings, looking for something fun to do, head on
20:33
Speaker 1: over to Rock Wisconsin dot com. That's Rock R O
20:35
Speaker 1: c K Wisconsin dot com. It's a great day to
20:38
Speaker 1: do that. And of course they're telephon AB out Rock
20:40
Speaker 1: Realty six o' eight six seven three fifty four hundred.
20:42
Speaker 1: That's six oh eight six seven three fifty four hundred, Matt.
20:45
Speaker 1: It's always great, Sanny. You have a great day, you do,
20:47
Speaker 1: Sir Chris Crock. He is in for Ficky McKenna today
20:49
Speaker 1: next right here on thirteen ten Wi