The opportunities are boundless with Stl Investment properties all over our unique Saint Louis, Missouri area.
Real estate investors are working feverishly to find the best deals while inventory levels appear to be getting lower.
From 2008 to 2010, property prices were at a low level due the the massive economic crisis that the entire world saw.
Only savvy investors saw opportunities then and the same will happen in the future.
There will be another time where panic sets in and everyone is quickly selling off their assets.
But the savvy investor will remain calm and strike similar to a viper on its prey.
Stl investment properties can do just that for your portfolio.
Build Your Stl Investment Properties Team
The most important task for an investor is to build their team properly.
Having someone to do simple property evaluations is priceless and will save a lot of time and money.
Knowing your numbers has never been so important because it can be a huge factor in terms of productivity as well.
Whether you find Stl investment properties off market rather than the multiple listing services (MLS) can make a serious difference.
When a real estate investor markets for a motivated seller the chances are high that it will be a distressed property.
These are under valued gems for investors who want to focus on Stl investment properties.
Advice For Real Estate Success & Failures
Building a great real estate business isn’t that hard and obstacles can and will occur.
If you are on a shoe string budget, then consider pumping out a bunch of free content to attract your target audience.
Blogging, making YouTube videos and learning other social media marketing platforms can be the difference between success and failure.
Don’t let ‘failure’ bother you or become a barrier between your goals of building a nice real estate business.
Embrace it because it will happen and be prepared to lessen the blow (sort of speak).
Stl investment properties can assist in your future and help build your business to new heights.so make sure you’re ready. The post STL Investment Properties To Build Your Real Estate Business appeared first on . from http://www.stlwholesalere.com/stl-investment-properties/
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With inventory levels shrinking in many parts of the country, are distressed St Louis Properties cheaper than they were a few years back?
I’m not sure if they are or not but I will give my commentary on the matter.
I will try to keep out statistics because sometimes they can be confusing even though validity isn’t questioned.
Only my “humble” opinions will be on display to make every thing more understanding.
I will attempt to make both cases for the “wise” real estate investor.
Distressed St Louis properties are cheaper investments when the market is under duress.As you saw back around 2008 during the market crash, real estate as intrinsically cheap because so many folks lost their homes.
Prices were very low and it was pretty grim because of the nature of the entire market.
If you are reading this and you’re in a different city then chances are your area was very similar during that time.
There were banks that had loads of inventory on their books and were selling at a discount.
Many people were losing their jobs and of course foreclosures rose to record highs. Real estate brokers in St. Louis were going through tough times as well.
I wasn’t in business at the time but real estate was something that I was studying back then but didn’t take the jump.
Boy Oh Boy, I Wished that I would’ve because distressed St Louis properties were low cost and readily available.
Distressed St Louis properties are more expensive right now.Low inventory levels are a great indication that the demand for real estate is high.
Now does that mean the ENTIRE market is expensive?
Not necessarily in every city but this is how distressed St Louis properties may be available to few:
There’s a small segment of people who just simply need to sell a property for what ever the reason could be.
More opportunities occur for investors in this small market and the price really isn’t a factor.
It’s simply all about opportunity and a need to sell a property.
Are You A House Flipper Looking for Properties In St. Louis? The post Distressed St Louis Properties Cheaper Investments Then Or Now? appeared first on . from http://www.stlwholesalere.com/distressed-st-louis-properties/ Someone asked me the other day, “Does Saint Louis County property auction happens in August or is it a tax sale?”
I was a little befuddled about the question because I never knew a whole lot about it.
But for some reason I did remember something about it being in the month of August.
A public auction is “held on behalf of a government in which the property to be auctioned is either property owned by the government, or property which is sold under the authority of a court of law or a government agency with similar authority.”
And a tax sale is the forced sale of property (usually real estate) by a governmental entity for unpaid taxes by the property’s owner.
In all actuality, Saint Louis County property auction is a tax sale under the tax lien model where a lien is being sold on the property.
When Is Saint Louis County Property Auction Tax Sale?
The tax sale for St. Louis County is held annually on the first Monday of the final week of August.
Its the terminology that can be confusing but it’s basically an “auction tax sale” of unpaid taxes, interest and fees.
Once the property owner pays their taxes, payment of the entire investment plus interest of 18% (or more) will be due to the purchaser of the tax lien.
Other markets have weekly auctions that are tax deed sales instead where the entire property is for sale.
Saint Louis County does three offering sales which consists of properties that have unpaid taxes for the last three years.
In essence the property can be acquired after the third offering stage if the property taxes are still unpaid for another year.
The process of acquiring real property can be attained after the tax lien owner goes unpaid for his investment.
I would highly recommend speaking to a representative at the Saint Louis County Collector of Revenue office and or a local real estate attorney for any further information.
Available “Saint Louis County Property Auction” Type Deals! The post Saint Louis County Property Auction Or Tax Sale Every August? appeared first on . from http://www.stlwholesalere.com/saint-louis-county-property-auction/ St. Louis, MO. is known for a lot of things such as The Arch, St. Louis Cardinals baseball, Anheuser Busch brewery, thin crust St. Louis style pizza and many other things.
Many companies are headquartered in St. Louis as well such as Express Scripts, Centene, Emerson Electric, Monsanto and a few more.
The metropolitan area is heavily populated in around 3 million people. There are many awesome small businesses here too which is way housing is very important.
Housing is dominated by the ranch style 3 bedroom 2 bath and 2 car garage in a lot of areas. Houses for sale by owner in St. Louis, MO. can help portfolios if you are a cash buyer looking to purchase properties in the Saint Louis metro area. Many houses that are for sale by owner are available off market to eliminate extra costs to the seller such as realtor fees.
While purchasing this type of asset you can focus on cash flow, fix and flip or any other style of investing.
Houses For Sale By Owner In St. Louis Cash Investors Sign Here! from http://www.stlwholesalere.com/houses-for-sale-by-owner-in-st-louis-mo/ There are great opportunities with bank owned homes in St. Louis, MO. especially when the inventory is available to do so but acquiring them can sometimes be a headache. Purchasing bank owned properties in Saint Louis in any market can be a pain especially if you are a newbie.
So begs the question, “Is it worth the hassle?”
It’s really not a hard concept or process to purchase REO’s or bank owned homes but a lot of your mistakes can be minimized while working with the representative of the bank which will likely be a licensed real estate agent or broker.
Also, it may be outsourced to a real estate company depending on the size of the bank or a publicly traded bank like BOA (Bank of America), etc.
The real estate professional in charge will guide you or your own agent can get involved too to ease the process.
Real estate can be challenging regardless what any guru will tell you but patience and planning will rule the day.
Paying cash for these properties will also lesson some of the pitfalls because it’s a presumably easy transaction.
Cash investors will definitely love this because time consumption is always a factor and that’s something that you can’t get back.
Bank Owned Homes In Saint Louis, MO. Cash Investors Wanted Here! from http://www.stlwholesalere.com/bank-owned-homes-in-saint-louis-mo/ Saint Louis, MO. Cash Flow Deals For Investors
Cash flow investment deals for investors when real estate is purchased in Saint Louis, MO. are widely available.
Purchasing property for cash flow is not a new thing but sometimes new investors make so many mistakes by looking at other things such as the rental income more so than the expense side.
This can get confusing regardless of where it occurs or who is investing.
If your income after expenses is in the negative then you may want to seek out an experience investor who is efficient in cash flow deals.
Another option is to get an accountant who is an expert and has real estate clients as well.
In Saint Louis, MO. cash flow deals occur quite often and investors are looking for discounted properties to make more deals happen.
Sign Up For Saint Louis, MO. Cash Flow Deals! from http://www.stlwholesalere.com/saint-louis-mo-cash-flow-deals/ Cash Flow Properties In St. Louis for Any Cash Investor
What type of real estate investor are you?
The answer that I get a lot is cash flow investor when I ask this question to investors.
Using cash flow is a great way to add diversity to your real estate portfolio and monthly income to your bank account.
When you buy property and rent it out to tenants, the goal is to pay for everything such as mortgages, taxes, property management, etc. and still have cash left over.
Once everything is paid then the difference goes to the investor which is considered “cash flow.”
The numbers in terms of what type or how much ash flow per door (tenant) varies. For instance if an investor purchased an 8 bedroom apartment building and has $2800/month left over after expenses, then the property is cash flowing and “above water” $350 per door.
Discount cash flowing deals work well if you are a savvy investor with a plan to add monthly income.
See If We Have Cash Flow Properties In Our Inventory! from http://www.stlwholesalere.com/cash-flow-properties-st-louis/ Discount Properties In St. Louis, MO. For Sale To Cash Buyers
Real estate cash buyers are fascinated with the St. Louis, MO. area because return on investment can be fabulous.
They are also intrigued with things like location too.
St. Louis is comprised of nice real estate within the city limits along with many municipalities in St. Louis County that can be a gold mine as well.
Getting a hold of discount properties can be so rewarding when the entire transaction is a “win-win” for everyone involved.
This is usually the case when all parties have this type of mindset and establishes a great working relationship.
Purchasing property at a discount should be the goal for cash buyers but what is exactly a discount?
I guess it depends on the investor but I would say an off market property that is below 30-50% of market value.
Even if its 20% it can be considered a discount property and depending on who is purchasing at what they consider to be below market value.
Distressed properties combined with a discount sounds awesome to a cash investor.
Get Discount Properties In St. Louis, MO. When Available! from http://www.stlwholesalere.com/discount-properties-st-louis-mo/ Distressed Properties In St. Louis Real Estate Investors Welcomed
Distressed properties were flying off the market around 2010-2012 not only in the St. Louis, MO. area but in many markets in the U.S.
This was due to the near market collapse of 2008 and by real estate investors buying at this time it indicates the beginning of a recovery.
Cash buyers were coming in droves to buy distressed properties in St. Louis and it will continue until inventory levels taper off which it will.
But some investors will still find distressed properties consistently and cash buying investors will want to get of hold to the best deals like these.
In many areas like Saint Louis County, investors REALLY want to buy because they can get a property at a discount and in a great location as well.
See Our Available Distressed Properties St. Louis Inventory from http://www.stlwholesalere.com/distressed-properties-in-st-louis/ Saint Louis County Real Estate Investments For Cash Buyers
Saint Louis County real estate investments are very competitive for cash buying investors.
When an awesome deal is available there are a number of people “knocking on the door” and some almost tearing it down in some cases.
It is amazing to see the response when I have a property for sale in a great area of St. Louis County.
The response from cash investors are very strong when the location and price is right.
Cash buyers love a great deal and investing in real estate makes it possible especially in parts of St. Louis County such as Chesterfield, Ballwin, Florissant, Ferguson, Affton, etc.
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