All Forum Posts by: Robert Larue

Thanks @Alex Tillman just sent PM

Hi all,

I am a new investor in St. Louis (North County) and just bought two single family homes in the Ferguson and Florissant area. My business partner and I are looking for some help finding construction workers at any level to help us finish up our rehabs. Any leads would be greatly appreciated! 

-Rob

My goal this year is to go from 7 to 10 doors, and from 2800 to 4k/month in passive cash flow. I may have to branch out from California to do it. I would also like to get more involved in the BP forums, meetups, and expand my network within this RE investing world because I haven't really been involved up to this point. 

@J. Martin

I applied for a small loan (100K) on an investment property in Yucca Valley a few months ago (the cash flow was good and my grandpa owns property out there so his company was going to manage it for me). But I didn't get the loan because they wanted to see 2 years work experience..

So for a property up here maybe it will help to be owner occupied, and I can also get a co signer if necessary. 

Thanks Dave and Brandon - excited to be here 

@Amit M. thanks for the advice! Ok I will start looking around for deals and see if I can find a 2-4 unit place in the city. Any specific areas? Also, what do you recommend for loans? It seems hard to get a loan with only 1 year of work experience. 

@J Martin Thanks for the invite and your advice, I will look into the meetup group and hopefully I can make this one in July! Looking forward to meeting you in person as well. 

@thad miller Santa Ynez is the best. When I went to UCSB, we would go wine tasting and to the Chumash casino up there ha! I would like to get back to SB eventually..

Hi All,

I just graduated from UC Santa Barbara last summer and have been working at Oracle in San Francisco for the last year.  I have always had a huge desire to get into real estate investing- I have been reading books and working on getting my license in my free time. I am using the corporate world as a day job until I can be a full time investor! I would like to start with multifamily units, then go into apartments and commercial. I am still in the very beginning stages of learning about this world, but I have been saving up for my first property and can't wait to get started. I'm trying to decide if I should buy in NorCal or SoCal, and if I should be living in my first property. I really want to keep living in the city, but it's tough to find affordable properties here. I don't have any debt and have a very good credit score. I am hoping to find fellow investors in the area, mentors, events, etc... Looking forward to talking with many of you soon! 

-Rob