Jess & Matt Ricca
Rose Partners, LLC // November 2023 - Present
Wauwatosa, Wisconsin
After transitioning out of working in child care, Jess wanted to explore alternative income streams. When discussing real estate with her husband Matt, they set a goal of owning a rental portfolio. Now, they are learning about flipping houses, to generate the capital needed to purchase their rental portfolio.
Deal #1: Capitol Heights Flip
Within the first quarter of joining the program, Jess and Matt found their first deal. Purchasing this home from a tired landlord, the couple had the chance to learn the process of dealing with tenants, and how to create a scope of work. Due to the original condition of the home, a "light rehab" was the best dispo route. This project was a great learning experience, and now they are on the hunt for deal #2!
Deal #2: Greenfield Flip
Exciting news from students Jess and Matt as they dive into their second home rehab project! This property, acquired through a wholesaler, is already shaping up to be a fantastic learning experience and investment opportunity. With the guidance of their disposition coach, Doug, they’re tackling some basement issues to ensure the home meets high standards for its future buyers. Jess and Matt are putting their growing skills to work, transforming this property into a welcoming and market-ready home. Stay tuned for updates as their journey unfolds!
