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
Jess and Matt purchased this property through a local wholesaler, and did a fantastic job negotiating the price. Once purchased, they worked with Dispo coach Doug to create a project plan. Jess and Matt were able to use their network to find contractors to help with the renovation process. And after a little less than 4 months the property was sold!
