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Updated over 7 years ago, 04/25/2017

User Stats

37
Posts
31
Votes
Dan Hoehn
  • Investor
  • St. Louis, MO
31
Votes |
37
Posts

Newbie from St. Louis, MO

Dan Hoehn
  • Investor
  • St. Louis, MO
Posted

Hi Bigger Pockets,

I am a new to BP, started listening to podcasts a few weeks ago and searching the forums for answers to some of my questions. The site has been fantastic and I am grateful to have you all as a resource.

I am a medical device engineer and my wife is a sales professional. We are amateur real estate investors, with a 4 family and a VRBO looking to grow our portfolio. Ideally we are looking for buy and hold properties but have considered flipping a house or two, preferably in the St. Louis Missouri or surrounding areas. We are very secure in our professional careers but have seen the possibilities that REI can offer and can't help but want more. Not to mention we have a 3 month old baby girl and my wife is itching to spend more time with her.

We are looking forward to connecting with the community!

-Dan & Kalina

User Stats

378
Posts
82
Votes
Abhi Golhar
  • Investor
  • Atlanta, GA
82
Votes |
378
Posts
Abhi Golhar
  • Investor
  • Atlanta, GA
Replied

@Dan Hoehn - welcome to BP! Congratulations on making the decision to push forward in your investing career especially with real estate! It can certainly be rewarding, but also tough at times.

The good news is, we're all here to help.Feel free to get in touch if you have any questions.

User Stats

313
Posts
326
Votes
Max Householder
  • Rental Property Investor
  • Saint Louis, MO
326
Votes |
313
Posts
Max Householder
  • Rental Property Investor
  • Saint Louis, MO
Replied

Howdy Dan! My wife and I live in the city and own one 4-family here as well. We are looking to acquire more for many of the same reasons you mentioned. St. Louis is a really affordable place to live and invest, so best of luck! 

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User Stats

7,152
Posts
881
Votes
Dave Visaya
Pro Member
  • Audio Engineer and Investor
  • Cebu City, Cebu
881
Votes |
7,152
Posts
Dave Visaya
Pro Member
  • Audio Engineer and Investor
  • Cebu City, Cebu
ModeratorReplied

Hello @Dan Hoehn, welcome to the site! Here are some good places to start: http://www.biggerpockets.com/meet- find and connect with other BP members that are in your area.

http://www.biggerpockets.com/alerts - Set up keyword alerts to be notified of the topics that interest you.
And, of course the
http://www.biggerpockets.com/forums - ask any question about real estate!
See you around!

  • Dave Visaya
  • User Stats

    68
    Posts
    16
    Votes
    Lance Moore
    Pro Member
    • Investor
    • St. Louis, MO
    16
    Votes |
    68
    Posts
    Lance Moore
    Pro Member
    • Investor
    • St. Louis, MO
    Replied

    @Dan Hoehn welcome to the group!  My wife and I live in chesterfield and both have full time careers while we invest in St. Louis real estate as well. We currently have a condo as well as duplex. Welcome to the group!

  • Lance Moore
  • User Stats

    375
    Posts
    190
    Votes
    David Ounanian
    Agent
    Pro Member
    • Real Estate Broker
    • St. Louis, MO
    190
    Votes |
    375
    Posts
    David Ounanian
    Agent
    Pro Member
    • Real Estate Broker
    • St. Louis, MO
    Replied

    Hi Dan,

    I also live in Ballwin and fairly new to BP as well!  I'm an experienced agent in St. Louis and would be happy to work with you if you need help finding properties.

    • David Ounanian

    User Stats

    145
    Posts
    48
    Votes
    John Ching
    • Investor
    • Gilbert, AZ
    48
    Votes |
    145
    Posts
    John Ching
    • Investor
    • Gilbert, AZ
    Replied

    Greeting from Springfield, MO! I've attended several training events in St. Louis and know the area is ripe with opportunities! Many deals to be had. 

    User Stats

    84
    Posts
    49
    Votes
    Fabio Salas
    • Investor
    • Champaign-Urbana, IL
    49
    Votes |
    84
    Posts
    Fabio Salas
    • Investor
    • Champaign-Urbana, IL
    Replied

    @Dan Hoehn welcome to BP.  I live in San Diego; stationed there with the military.  But I'm originally from St Louis and my entire family still lives there (mostly in Florissant).  I own 3 rental units in AZ and CA, but this year I'm looking to buy in St Louis as well.  It certainly seems like a good time to invest in our city.  I'm currently deployed, but when I return to the U.S. I plan to make a trip out to St Louis so I can better assess in person what the possibilities are as well as hopefully meet some people I can work with (real estate agents, contractors, property managers, etc).  Good luck with your St Louis goals.  I'd love to hear some more about your future successes as you build your portfolio to hopefully teach me some more about what I need to do to be successful.

    User Stats

    68
    Posts
    16
    Votes
    Lance Moore
    Pro Member
    • Investor
    • St. Louis, MO
    16
    Votes |
    68
    Posts
    Lance Moore
    Pro Member
    • Investor
    • St. Louis, MO
    Replied

    @fabio salas, thanks for your service.  My wife is from florissant, a lot of investors are buying property in north county now, it has it challenges but some people like it.

  • Lance Moore
  • User Stats

    118
    Posts
    91
    Votes
    Clint E.
    • Investor
    • Saint Charles, MO
    91
    Votes |
    118
    Posts
    Clint E.
    • Investor
    • Saint Charles, MO
    Replied

    @Dan Hoehn I'm currently rehabbing one side of a duplex and renting out the other.  As soon as its rehabbed it'll be rented and I'll be looking for another deal.  I'm potentially interested in partnering up on a deal at some point, because its two eyes, two trains of thought, two people to do work if needed.  Let me know if you're interested and/or if you want to talk about where the two of us invest and what we see.  

    User Stats

    1,285
    Posts
    491
    Votes
    Frankie Woods
    • Investor
    • Arlington, VA
    491
    Votes |
    1,285
    Posts
    Frankie Woods
    • Investor
    • Arlington, VA
    Replied

    Welcome to BP! I own 3 4plxes in 63118 and am under contract on #4. I also have a SFR across the river in IL. STL is a great market and I'm looking to quickly expand. Good luck to you and your family. Keep interacting on BP and network your add off!

    User Stats

    26
    Posts
    9
    Votes
    Cory Spitznagel
    • Saint Louis, MO
    9
    Votes |
    26
    Posts
    Cory Spitznagel
    • Saint Louis, MO
    Replied

    Dan Hoehn , I too am a STL resident. I'm looking to purchase my first property soon and would love to pick your brain maybe on how your personal experience has panned out and come to be. I have a 4 month old son whom I never get to see bc of traveling so much for work. I have a great salary ($80k a year) and have been able to save a good amount to get going just wanting to learn and read as much as possible to have the best info going forward. If you're ever looking for a potential partner or investor on anything I'd be more than happy to talk details.

    User Stats

    26
    Posts
    9
    Votes
    Cory Spitznagel
    • Saint Louis, MO
    9
    Votes |
    26
    Posts
    Cory Spitznagel
    • Saint Louis, MO
    Replied

    Clint Earnest I would potentially be interested in a partnership if you also had any interest. I'm located in Creve Couer. I have construction background as well which helps with aspects of rehabbing if necessary. Let me know if that'd be of any interest to ya...oh and LETS GO BLUES!

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    User Stats

    1,568
    Posts
    567
    Votes
    Peter MacKercher
    Agent
    Property Manager
    • Residential Real Estate Broker
    • Saint Louis, MO
    567
    Votes |
    1,568
    Posts
    Peter MacKercher
    Agent
    Property Manager
    • Residential Real Estate Broker
    • Saint Louis, MO
    Replied

    @Dan Hoehn 

    Welcome to BP. I'm an open book on on investing in STL reach out if you want (or if anyone else for that matter). I also hold a free Meet UP.

    User Stats

    314
    Posts
    73
    Votes
    Carlos Altamirano
    • Rental Property Investor
    • Orange, CA
    73
    Votes |
    314
    Posts
    Carlos Altamirano
    • Rental Property Investor
    • Orange, CA
    Replied

    hello @Dan Hoehn

    thanks for sharing your story. I am a buy and hold investor of multi-family in the midwest. I help and show people how to use some of their savings to create streams of income through apartment building investments. We actually have our first larger apartment complex in North St. Louis under contract, but we hold all of our rentals in Indianapolis. Will be happy to connect!. 

    -Carlos