All Forum Posts by: Chris Moeser

I need to find a title company that will do a double closing. Illinois side of the St. Louis metro area. Sr. Clair co. Preferably. Thanks

@Alex Tillman Just back on This group. What type of investing is your niche? Right now all I've done are flips. 3 under my belt, only the last has been profitable. If helps not flying by the seat of your pants. I have 2 projects going on right now one of which is almost completed. Eventually my goal is to get into buy and hold. Fallon mo. Seems like a good area to invest....

Do I need pro to post pictures.  If not could someone tell me how to post pics on this thread? 

Thanks

The purchase price was 74,000. We had the house apraised at 156,000. We put 120,000 in the rehab.

One thing that hurt us is that we didn't get the property at a low enough price. After expenses our profit margin wasn't that great witch means we needed to list our home for the maximum price.  That limited the amount of views and is taking longer to sell. We also have to list with an agent because we haven't built up a buyers list. Controlling cost is also a challenge. Knowing what upgrades are going to give you a roi. I don't mind learning from the school of hard knocks as long as we don't loose money. 

We just finished our first flip.  We had to do a lot of gutting to make the house desirable. First we made the only bathroom into a master bath. Then we added another bathroom. Opened up the floor plan by taking out several non load bearing walls. The best part of the project was building equity into the house. Looking for another project to flip or whole sale in the St. Louis metro area. 

My name is Chris from the St Louis metro area.