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All Forum Posts by: Whitney Lares

Whitney Lares has started 2 posts and replied 8 times.

Post: St. Louis BRRRR?

Whitney Lares
Pro Member
Posted
  • Posts 8
  • Votes 5

Hi @Jonathan Taylor, this is good advice. Are you doing more traditional LTRs now after your first BRRR?

Post: St. Louis BRRRR?

Whitney Lares
Pro Member
Posted
  • Posts 8
  • Votes 5

Hi @John Skaggs, thank you for this! I am excited to see that you are finding success there. How are you helping people purchase BRRRs? It looks like you are a realtor and a rehabber. 

Post: St. Louis BRRRR?

Whitney Lares
Pro Member
Posted
  • Posts 8
  • Votes 5

Hi @Steven Goldman thank you for this -- great points. This is what I am finding in my calculations I have done as well, it seems a big challenge to get all of the money out. 

Post: St. Louis BRRRR?

Whitney Lares
Pro Member
Posted
  • Posts 8
  • Votes 5

@Nicholas L. I am definitely open to going out there but ideally yes I would be doing this as virtually as possible. Another benefit to doing this in a place where my family is though is that it is nice to go out there every once in a while and not have to factor in hotels/places to stay. 

Post: St. Louis BRRRR?

Whitney Lares
Pro Member
Posted
  • Posts 8
  • Votes 5

Hi @River Sava, I live in coastal southern California so it is near impossible to get something for under 800k any where near me at this point. Looking at St Louis yes they are higher but not anywhere near CA prices from what I have seen. I would love to be proved wrong in this though! I have enough to put down 25% of my own capital from some that I am seeing in St Louis but that won't get me very far in my area unfortunately. 

Post: St. Louis BRRRR?

Whitney Lares
Pro Member
Posted
  • Posts 8
  • Votes 5

@Nicholas L.

This is very helpful perspective and I appreciate the breakdown of many of the considerations being out of state. My uncle is a contractor in St. Louis and he has been flipping and renting out houses out there for years. This is why I am considering this area. I am hoping that a solid boots on the ground person whom I trust will help make the process less daunting from afar. 

Post: St. Louis BRRRR?

Whitney Lares
Pro Member
Posted
  • Posts 8
  • Votes 5

Hi there! 

I am a new investor based in California looking to start investing in the St. Louis, MO area where my family lives. I am wondering if anyone has experience with the BRRRR method here. From my research it seems prices have gone up a lot in recent years so I am wondering if this strategy is still a feasible option for someone looking to start with a SFH for 150k or below, adding value with a rehab and getting a high enough appraisal to make it work.

Thanks in advance for any and all feedback! 

Post: Hello! Brand new to real estate investing and learning where to begin

Whitney Lares
Pro Member
Posted
  • Posts 8
  • Votes 5

Hi there! I'm Whitney, I live in Ventura county with my husband, two month old baby girl, and our two orange cats. Becoming a mom 2 months ago inspired me to make more time in our lives to spend with our daughter so I am aiming to get started in real estate investing to create a future where I can be at home with her more :) 

I am interested in learning more about BRRR method which seems like a good place to start. Would love to connect with others who started without a large savings/expendable income but had the motivation and commitment!