All Forum Posts by: Jerell DeCaille

I’m currently in the process of closing on an off market deal and would like any recommendations on real estate attorneys I can consult with. Thanks!

@Jaideep Balekar this is impressive and inspiring! Thanks for sharing your journey thus far with us! Wishing you continued success and happiness on your journey 🙏🏾

Hey! @Evan Polaski thanks for the insight. I didn’t even consider the real estate taxes reassessments. Something I definitely need to be mindful of when I’m analyzing deals, thanks!

Hey @Brandon Rush thanks! That's what I thought, but sometimes these four family listings provide the NOI and my reaction is to calculate the cap rate.

Hope all is well @Erica Gordon! I recently bought a duplex in St. Louis using a Fanniemae Homestyle loan (very similar to the 203k, but a higher down payment). It took me about 5 months to find the right one. My advice would be to stay patient and be encouraged that the deal you’re looking for will find its way to you!

Good afternoon Bp family! I’ve been spending the last few weeks analyzing deals on Zillow, trulia, loopnet etc. just to accustomed to determining whether a property would be a good buy or not. I have a two part question, 1) is there utility in determining cap rate for 4 family? and 2) if yes, does the standard 8-12% cap apply to the St. Louis market?

Thanks in advance!

Thanks for the heads up! Hopefully once COVID restrictions have loosened we can meet at one of the various meet ups @John Whitfield

Thanks for the tips, I’ll reach out! @Jennifer Donley

You were right! There's a good amount of REI groups on fb.

Thank you! @Jean-Marie Poth

Hey @Jean-Marie Poth thanks for the heads up! Where can I find the zoom sign up link?