Investment Property St Louis

 

Investment Property St Louis

 

investment property St LouisToday’s climate makes it the perfect time for Investors to invest in Real Estate, as properties are at historical lows and interest rates are at lows only seen clear back in the sixties. Gateway Select Properties is your go to Broker to help with your investment property in St Louis. Katherine Work owner of Gateway Select Properties is platinum certified in REO, BPO and Short Sales through Equator. Katherine is a St. Louis native and possesses the firsthand knowledge, familiarity and skills to deliver exceptional service to property owners, commercial clients, investors, homeowners and renters.

After the 2008 $3.6 Trillion dollar lose and 2009 $489 Billion dollar drop, Real Estate has slowly started to recover and St Louis Property Investment is one of the prime demographic cities to be investing in.

Step one for investing is do you have a clear defined goal

Step two do you have Clear Objectives for Investing

  1. Time – When do you want to achieve the set objectives?
  2. Specific – Your objectives need to specify what you want to achieve in detail.
  3. Measurable – You should be able to measure whether you are meeting the objectives or not.
  4. Realistic – Can you realistically achieve the objectives with the resources you have?
  5. Achievable – Are the objectives you set, achievable and attainable?

Your investment objectives should also include a number of the following items: What type of home should it be, Single family vs. multifamily, condo or unattached, exactly how many bedrooms will the house or property have, a good or moderate neighborhood, chronological age of the property or home, exactly who will maintain your properties, high priced or low priced.

You will have to figure out how long, you need to hold the investment property. Will you be intending to flip your investment in 5 years or fewer? In such a case, you may want maximize your monthly return by acquiring a low variable rate for 5 years. Should this be your objective, it may be necessary to take some safety measures in order to avoid getting burned in the fifth year. As an example, begin looking to refinance the mortgage loans in the middle of the fourth year.

St Louis property InvestmentBegin by writing your investment objectives or strategies on paper. Which wealth creation approach is right for you depends on your threshold for risk. You may be happy making only 15% on a quick sale, or perhaps you may need $100,000 a year to maintain your present living style. You might need to build your current net worth gradually, getting steady appreciation on your real estate, and generate additional income or enough rental cash to become financially self-sufficient. Keeping a clear picture of your investment decision objectives will increase the probability of finding the perfect properties

At Gateway Select Properties Our vision is to deliver comprehensive, reputable, efficient and cost effective leasing and management solutions to residential property owners and real estate investment companies.
We put our emphasis on working with individual homeowners who have limited to extended expertise and experience in the realm of property management.

Gateway Select Properties focuses primarily on Leasing and Property Management in St Louis of Commercial Properties as well as single family properties, townhomes, condos and apartments through the entire St. Louis metro area as well as St. Louis City, St. Louis County, St. Charles County, and Jefferson County.