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Out-of-state landlords are gobbling up Milwaukee homes to rent out

Out-of-state landlords are gobbling up Milwaukee homes to rent out Milwaukee Journal Sentinel © Mike De Sisti / Milwaukee Journal Sentinel Traffic travels along I-94 looking west from North 25th Street in Milwaukee on Thursday, March 18, 2021. Gov. Tony Evers is proposing an expansion of I-94 between 16th and 70th Streets from six lanes to eight lanes. - Photo by Mike De Sisti / Milwaukee Journal Sentinel via USA TODAY NETWORK Out-of-state landlords are buying Milwaukee, the GOP won t legalize pot in Wisconsin and the plan to expand I-94 west of downtown is going back for more study. Out-of-state corporate landlords are gobbling up Milwaukee homes to rent out, and it s changing the fabric of some neighborhoods

Out-of-state landlords, no legal pot and more study for I-94 expansion

Milwaukee Journal Sentinel Out-of-state landlords are buying Milwaukee, the GOP won t legalize pot in Wisconsin and the plan to expand I-94 west of downtown is going back for more study. Out-of-state corporate landlords are gobbling up Milwaukee homes to rent out, and it s changing the fabric of some neighborhoods Meet the new breed of landlord invading Milwaukee: A couple of former Silicon Valley executives who were crewmates on the Harvard rowing team; a fast-growing Ohio company that owns more than 13,000 rental homes in 14 states; a native of Peru who has run real estate companies in Houston and Palm Beach, Fla.; and a southern California woman who was looking for a place to park her cash windfall. About 6,000 properties, or 14% of all Milwaukee rental homes, are now owned by out-of-state landlords. Here s how to deal with an absentee landlord and a rundown property.

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