December is known as the season of giving. The SAC Investment LLC property group is known for taking from their renters. After months of complaints, the company is gaining a reputation for being the worst property group in Milwaukee.
New resident Tiffany Ellis said, “I haven’t been able to shower in days.” This came after the management team came to dismantle their shower. Ellis says that the company has left her family shower-less for two days now.
“This happened Thursday. Now it’s Saturday and I still can’t shower,” Ellis said.
SAC Investment has been selling and renting properties since 2000. They claim to create a relationship with all of their clients. The company claims to create “long term residency and referral network of highly satisfied residents.”
Based upon yelp reviews, they have multiple one -star reviews. One customer even went as far as saying their property has a mice and roach problem.
Another common factor from complaints are that the management group doesn’t answer calls. “I’ve called about ten times in the past day and a half, no return or answers,” Tiffany said.
Currently, SAC Investment offers 1-5 bedroom rental homes in a variety of housing styles and sites: single family, duplex, townhouse, row house, and multi-family apartment setting, predominantly in Milwaukee’s west side communities.
Home owner, Sandra Wholf, told how she used the reviews of the company to decide to move elsewhere. “Before contacting, I read everything online. They didn’t sound like someone I could rely on or work with.”
Sandra said that instead of renting she and her husband decided to take out a mortgage shortly after their marriage. 17 years later, they still live in the same Victorian style home.
“Even though you have to do all your own maintenance (yard work, electrical, plumbing), it pays off to know that you’re not dependent on keeping up someone else’s property,” Sandra said.
Current UW-Milwaukee student Emani Qunicy says she looks to buying a home instead of falling into the traps of landlords.
“One of the perks of buying is to invest into something that will be yours,” Quincy said. “I won’t have to ask if I can keep pets, visitors, or ask before I change anything. Once I pay for it, it’s mine,” Quincy said.
After someone is set on getting into a home there are two factors one must acknowledge. First is the property tax rate of the state you live in and how you are going to get a mortgage.
The process for getting a home mortgage is simple. All that is needed is a Credit check to see how much you’re preapproved for, followed by finding the correct lender, lastly you snag the affordable home of your dreams.
For mid-sized families, Mortgages could range from $500-$1000 per month. “I’m willing to pay that to have my own, it’s close to what I pay now. I feel I’m being ripped off,” Tiffany said.
When asked if she would look into getting a mortgage, Tiffany said, “I have to next time! No more renting and especially from SAC Investments in Milwaukee.”