All Forum Posts by: Chris Dawson

@Arielle Morris, I'm from St. Louis.  What areas there are you investing in?  I grew up in Maryland Heights but my parents now live in Town & Country.  I usually go back to St. Louis once every couple of months.  Maybe we could meet up and talk real estate.  Shoot me a PM and let me know.

@Vik P.  This is definitely a Class C area.  I wouldn't try flipping anything in this area but it could make for a decent rental.  Lots of Sect 8 opportunities in that area, if you want to deal with Sect 8.  The further west of Troost you go, the better chance you will be in a better neighborhood.  

Hope this helps.

@Jason Graves is this new construction or are you looking to add these to an existing building?

@Preston C. always expect the worst when you go to buy a property like this.  Expect a minimum of $10k to make ready the interior.  Expect the inside to look worse than the outside.  Expect 3 months of not gaining access to the property due to the eviction.  Expect another 2 months before you see rental income.  Add 10% to all of this and if the numbers still make since, then go for it!

@Craig Hunter if you still need help in the Springfield area, let me know.  I know several agents in the area who specialize in working with investors.

@Caroline Brock, if your numbers are correct, this would be a good deal.  The only way to know for sure is to get some bids on the needed repairs and do a market analysis on the finished product.  If you would like some help with this, send me a PM.

@Jonathan Popoalii, the answer is "all of the above".  You definitely need to find a local team that you trust to help you deal with all of the issues that come up with rental properties; including buying, selling, leasing, PM, make readies, and repairs.  However, I would always recommend you travel to the place you intend to invest so that you can meet your team face to face and so that you can get a true feeling for what the neighborhoods look like.  Everyone has a slightly different opinion of what is a "good neighborhood" and you need to make sure that your opinion lines up with your local team.

@Houston Schubert send me a PM.  I can help.

@Benjamin Hammerly we can help you out.  Send me a PM.

@Chris Billington I'd be happy to help you with your multi family search.  Shoot me a pm and we can discuss more.