All Forum Posts by: David Ounanian

@Brian Taylor great chatting with you this morning!  I just saw your post so I thought I'd chime in as well.  As we discussed on the call my philosophy has always been CASHFLOW first and appreciation as a bonus (or the cherry on top).  I pulled statistics on the median sales price for St. Louis, MO and Huntsville, AL and both markets have been appreciating quite well.  I did notice the last 2-3 years it seems that Huntsville has really pulled away as the median sales price broke $300k.  This may make it more challenging to find cashflowing properties and it may make this market more volatile when the market turns back the other way.

Hey @Matthew Gilman hope you are doing well friend!  I have an amazing CPA I can recommend to you who is great at working up deductions for real estate investors.  Let me know.

@Jan Isaiah Garcia thank you for the kind words Dan!  Jan feel free to reach out and would happy to help you get started!

@Reno Jones yes we can definitely help!  Let's chat more about what you're looking for

Greetings Josh!  Excited that you are ready to start the journey!  It's not always easy but it will be worth it.  Stay focused on your why, fail forward and take massive action!  Let us know how we can help you out...

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Hi @Patrick Valadez welcome to BP! House hacking is the best way to get started! Let someone else pay your mortgage and live free! I'm local to St Louis and can be of help if needed. I've done creative financing and BRRRR'd my way out of the 9-5.

Congrats Benjamin!  I'll shoot you a message with our inspector we use for all of my properties and the ones my clients buy too.  He's the best in town!

Hi @Ryan Foshage welcome to BP!  There are many attractive areas in St Louis for buy and hold investors.  We have a ton of out of state investors buy in St Louis because it is a "Cashflow Paradise" compared to many other parts of the country.  For small multi family most of the inventory is going to be located in South City.  There are a diverse class of neighborhoods there as well.  I mostly invest in B and C class neighborhoods because cashflow is good and I can get high quality tenants.  I recently started buying some properties in A class neighborhoods because they perform well as short term rentals.