All Forum Posts by: Jeremy Namen

I guess im just looking for some advice on how to organize a plan and present it to the right people so i can pick up more props by myself or with others..

Don i didnt speculate on the cost of rehab because it could range from 5k to 100k on these houses- the low purchase price gives you a little breathing room. the house prices will stay low here for awhile at least until these houses are bought up and even then, hopefully bought by good investors. regardless though the rents are pretty nice and my places are full and positive. i have a 4 family that nets 900/mo..and there are plenty to be had. i want more haha!

I have done work for habitat, but i dont think they necessarily would be a target investor for what i have in mind. I dont think they improve neighborhoods as much as they provide a service for families. That would be an interesting statistic to find..Is there a study out there on the long term value that habitat brings to a neighborhood.

Hello All! My name is jeremy, and im a relatively new member of this greatly appreciated and informative site. Im thinking that ill be able to get some good advice and/or info on implementing an idea that ive had for quite some time....I live in an area of St Louis that really shows its 100+ years wear and tear. As with most old buildings, there is so much character, and I see so much potential for this south city neighborhood. To me the solution is simple: Buy up all the foreclosures and other cheap properties and control the market. Rehab much nicer than the area is used to (houses can be bought at 10-30k in this area) and sell or rent but on a very strict screening process. The area has what could be a very cool shopping business district and it would be wise to invite some creative minded entrepreneurs to begin their business in the area with some sort of grants. Im kind of rambling here but long story short the area could be Great and i wanna know others thoughts on moving forward with a plan and who to present to for financing/grants etc...Any input appreciated even "hey dummy you cant save the world, Move on!!" haha