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All Forum Posts by: Ken Gilb

Ken Gilb has started 2 posts and replied 4 times.

Great job! Looks like you came through with a great deal in spite of the obstacles in your way.

I just closed on my first multi-family in St Louis and I am looking for a BRRRR deal like yours for my next one.

Post: REI Friendly local bank in STL

Ken GilbPosted
  • Posts 4
  • Votes 1

@Jennifer Donley I was looking for a local bank to open accounts to collect rent and establish a relationship for future lines of credit (secured and unsecured) as well as possible loans in the future. Thanks in advance.

Post: REI Friendly local bank in STL

Ken GilbPosted
  • Posts 4
  • Votes 1

I'm looking to establish a relationship and open accounts with a local Saint Louis bank. Does anyone have a recommendation? I currently only bank with USAA.

Hello BiggerPockets community!

I'm new to both St Louis and to real estate investing. I would like to use the BRRRR method to buy a series of rental properties in the coming years. I am a software developer by day and I work from home.

My goals are to increase monthly cash flow and build a portfolio of investments that will continue the cash flow through retirement. I would like to start with 1 property next year and continue to build upon that experience until I am up to 3 additional properties a year. Right now I am looking for properties to invest that I can buy and rehab for 80k or less and rent and refinance after.

I don't have a team yet but it's the first thing I am working on. I am friends with someone who rents and self manages existing rental properties in the greater St. Louis area. I may be using them as a property manager but I am not comfortable mixing business and friendship at this stage.

Thanks in advance!

-Ken Gilb