What’s the hype? Section 8 Rental Portfolios in St. Louis
You’ve heard it from the gurus and the investors in your friend group: “Build a rental portfolio, get rich.” Simple enough. Buy all the cheap houses for $30,000, put $25,000 into them, cash-out refinance, rinse, recycle, repeat. Get rich. Own 30 doors, then 300 doors. Build passive income with Section 8. Sounds pretty simple, right?
Until you actually start doing it.
Because then reality shows up.
Downsizing in an Upsize World
In today’s world we often see a pattern in 30 and 40 something year olds where they continually build the American dream of upgrading, or as the Jefferson’s put it, “Movin’ on up”. In our cars we go bigger, shinier, fully-loaded, and clean….
Predatory Investor Agents
Predatory “Investor Friendly Agents” in Real Estate Aren’t Talked About Enough
Over the last year, I’ve seen a massive increase in real estate agents branding themselves as “investor friendly agents” — especially in the wholesale real estate, fix-and-flip, BRRRR, and off-market investing space.