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All Forum Posts by: Austin Gaines

Austin Gaines has started 1 posts and replied 10 times.

Post: Thoughts on Madison, Granite City IL

Austin GainesPosted
  • Flipper/Rehabber
  • Troy, IL
  • Posts 10
  • Votes 5

Hey Joe - Most of my portfolio is in Granite City. I would say rents are strong and so is demand. The inspections by the city are pretty strict but that's to ensure everyone is doing things by the book and tenants are safe. I'd be happy to connect with you and share more.

Post: Question on Owner Finance Contract

Austin GainesPosted
  • Flipper/Rehabber
  • Troy, IL
  • Posts 10
  • Votes 5

I agree with Keith. 

Post: Scaling my Multifamily business

Austin GainesPosted
  • Flipper/Rehabber
  • Troy, IL
  • Posts 10
  • Votes 5

@Kevin McGinnis that sounds great!

@Stephen Jones you should join us. 

Post: Scaling my Multifamily business

Austin GainesPosted
  • Flipper/Rehabber
  • Troy, IL
  • Posts 10
  • Votes 5

Also an Illinois investor, my main market is Granite City, Collinsville, East Alton, Troy and Highland. Currently live in Troy. We should connect sometime. 

Post: Bought my first Property. Whats do I do next?

Austin GainesPosted
  • Flipper/Rehabber
  • Troy, IL
  • Posts 10
  • Votes 5

@Morgan Gruelle I have a triplex in Granite City as well. I've been using Cozy to screen tenants and collect rents. I'm happy with the service so far.

@Kristen Beahm Thank you for the recommendation! 

Post: Local Bank Recommendation for BRRRR - St. Louis, MO

Austin GainesPosted
  • Flipper/Rehabber
  • Troy, IL
  • Posts 10
  • Votes 5

@Megan Greathouse makes perfect sense. Thanks for the recommendation!

Post: Local Bank Recommendation for BRRRR - St. Louis, MO

Austin GainesPosted
  • Flipper/Rehabber
  • Troy, IL
  • Posts 10
  • Votes 5

@Kevin Romines Thank you!

@Megan Greathouse Thanks for the recommendation. What about after the flip is complete? Have they been easy to work when comes to the refinance on the back end? The local banks I've spoken to want to loan on based of skin in the game as opposed to appraisal value.

Post: Local Bank Recommendation for BRRRR - St. Louis, MO

Austin GainesPosted
  • Flipper/Rehabber
  • Troy, IL
  • Posts 10
  • Votes 5

Hi BP!

I'm looking for a local bank recommendation in the St. Louis/Southern Illinois area that will help with BRRRR refinancing for an LLC. I appreciate the help!

Austin