All Forum Posts by: Hans M.

It's true. Multis on market are insanely highly priced because of the demand for primary-occupancy home buyers who want to house hack, and just the market generally. I would go driving for dollars in the neighborhoods you want to target for 4-plexes, write down the property addresses, and send direct mail to the property owners' home address. Some of them will be willing to sell their 4-families to you at a lower price than what's on market, even if it's not a screamin' deal.

These are most likely "shotgun" style 1/1 units. Southwest garden neighborhood is a B+/A- class neighborhood. So rents in this area are probably in the range of $700-800 per unit if it's fully renovated. So somewhere in the neighborhood of $3,000 total per month. But you'll only know for sure if you use a tool like Rentometer to run rental comps, or ask an experienced local property manager.

Hey Katlin, I'm going to send you a PM with a couple recommendations. 

@Brandon Carlson Yes, parts of University City are very expensive because of the old money there and the university. However, just north of the Delmar loop, which has seen a revitalization in recent years, it's slowly gentrifying and you will find good cash flowing properties in B to C neighborhoods (varies street by street), with a possible chance of appreciation.

Yes @Brandon Carlson, let us know if you have any updates.

IMHO, Carondelet Park and Gravious Park fit your criteria the best. Those areas cash flow well and certain blocks will give you minor appreciation. However, much of Tower Grove South has already gentrified, appreciated, and is quite pricey. In Vandeventer you'll be dealing with higher violent crime rates (as with most of North City), but that neighborhood might be worth further exploring based on your criteria. 

@Peter MacKercher is your guy. Have used his services for a couple of projects in South City. He's got a great team.

Yes, thanks for this post! This happened to one of my partners, so I will direct him to this thread and hopefully all will be well!

Question: Has it worked well for anyone using Goolge Voice to find off-market properties to simply change a few words here and there? Is there a certain percentage of words that must be different in order for the repeated message not to be detected?

I have a tenant moving out, and the dogs tore up a lot of the grass in the front yard, so I will have to have that repaired. My understanding is that the cost for those repairs should come out of the tenant's security deposit, not the $200 non-refundable pet fee (not deposit!) charged up front. I also have this clause (thank you Brandon Turner!) in my Pet Addendum: "Tenant will perform regular housekeeping duties, including sweeping and vacuuming, clean up all waste, and assume all responsibility and cost for any damages, cleaning, replacements or any other expense to the property that are a result of the animal." So, am I correct about that, or not?

I know this post is old, but thanks so much @Michael Quarles for those super helpful additional resources.

@Greg H. Thanks, good to know.