Green Bay is a market that all real estate investors should consider. We target the specific markets in Wisconsin that we believe offer the best long-term return on investment. There are several criteria that make the Wisconsin markets we invest in ideal:
When you invest in real estate you should avoid cash flow negative properties like the plague. Making a bad investment where you continually subsidize a negative cash flow property can end your investing career in a hurry. The markets we invest in have optimal rent to value ratios which make it ideal for a long-term cash flowing property. We do our homework to help ensure the properties we purchase are cash flowing properties for our investors.
Historically, Wisconsin has been a very stable market. In investing price appreciation should be the cherry on top of your investment, not the reason you make an investment. Remember the real estate melt down in 2008? Many markets experienced well into double digit declines in housing prices. The Wisconsin market dropped only ~ 3% during this time. According to CoreLogic the Wisconsin Peak to Trough dropped only 17%.
| Nevada | 60% |
|---|---|
| Michigan | 43% |
| Florida | 50% |
| Georgia | 31% |
| Illinois | 33% |
| New Jersey | 26% |
| Arizona | 51% |
| Rhode Island | 34% |
| Virginia | 31% |
| Annual Home Price Appreciation Rates | |
|---|---|
| 1989 | 5.33% |
| 1990 | 4.78% |
| 1991 | 5.41% |
| 1992 | 5.58% |
| 1993 | 5.03% |
| 1994 | 8.89% |
| 1995 | 6.17% |
| 1996 | 4.13% |
| 1997 | 4.41% |
| 1998 | 3.37% |
| 1999 | 5.40% |
| 2000 | 6.40% |
| 2001 | 5.04% |
| 2002 | 4.88% |
| 2003 | 6.84% |
| 2004 | 7.87% |
| 2005 | 6.69% |
| 2006 | 2.35% |
| 2007 | 0.24% |
| 2008 | -2.77% |
| 2009 | -3.53% |
| 2010 | -1.45% |
| 2011 | -2.55% |
| 2012 | -0.79% |
| 2013 | -0.52% |
| 2014 | 2.84% |
| 2015 | 3.32% |
| 2016 | 4.39% |
| 2017 | 5.38% |
| 2018 | 6.64% |
All of the markets we purchase properties in have one thing in common – jobs. We invest in areas where residents can work at a plethora of great companies. Having access to a variety of great jobs helps ensure a stable resident base.
Green Bay has a strong renter base that helps reduce how long a property stays vacant. Getting vacant units rented to great residents quickly is our most important objective. Many times, we are able to have a unit rented prior to the previous tenant vacating. Minimizing vacancy days is one of the most important variables in maximizing return on investment.
