Alex Anderson, a real estate agent with Powers Realty Group, invests in Milwaukee-area homes through his company the Red Beard Group.
At 7301 W. Blue Mound Road in Milwaukee, the company is investing $70,000 into a 1929-built, Dutch Colonial-style home.
The company acquired the three bedroom, distressed property in December and plans to bring it to market in March. Upgrades to the corner-lot home are valued at $100,000, Anderson said, and when complete, the after-repair value of the home will…
