All Forum Posts by: Wendy Thurst

I have purchased and renovated a duplex and need to refinance. Any DSCR lender recommendations for St Louis? Thx!

@Manley Woods

We recently bought a duplex on STL, constructed in the 1920’s. My suggestions are similar to others in this thread; be aware of those things that need updating and plan for it. Our bottom line was (1) Location - it’s a great trendy area! and (2) Cash Flow - meets our criteria.

Best of luck and reach out if you’d like to discuss further!

We have a new LLC formed in WY. My credit union in TN doesn't open accts out of state. Any suggestions for low fee banking in WY? Thanks in advance!

@Henry Paschall

Similar experience and frustration. In addition, 1- encountered challenges with adding the next tenant; my MTRs sometimes have 1-2 future bookings. Not intuitive in how to connect the next tenant to the apartment without impacting the current tenant file.

2- tenant screening can’t be done without the legwork of setting up the tenant, connecting to apt, then request the screening. A waste of my time if screening ends in rejection. I use KeyCheck to get it done instead.

@Hardy Vibert Thanks- I’ll give them a call!

Looking to get attorney advice in St Louis for evicting a hoarder and setting up new leases in a duplex, recently purchased. We are out of state. Thanks in advance!

Thank you, appreciate the advice as always!

Looking for property management in St Louis MO for a duplex renting to Travel Nurses and Professionals (30 day's minimum leasing). Is there such a thing, or do we use an STR property manager and modify turn over process. Thanks in advance!

@Nathan Gesner

3 years investing mostly medium term rentals in a destination market, full occupancy and great yoy revenue growth. Can flex MTRs to STRs but rather not at this time.

I'd suggest STR owners considering MTR to boost occupancy if they're near metro areas.

@Bruce Woodruff

Looking at ARMs 3-5 years out now.