Construction quality
When you’re standing on a deck or any man-made structure, do you ever wonder who built it and if they knew what they were doing. When looking at properties, these questions should be considered. And if you’re doing the work yourself, it’s always important to make sure that it is being done right. Failing to do so can cost a lot of money and even lives. Read more »
Copper theft season
Just when it seemed that increased security measures at local scrap yards were having a positive effect on copper theft, spring had to hit. Over the winter, even buildings that weren’t secured properly seemed to be holding onto their copper longer than usual. In the past couple of weeks, as the temperatures have been rising, I have defintely noticed an increase in theft of copper in St. Louis City properties. Read more »
Writing off one bedrooms
When many investors are looking for their next rental property they have a tendency to ignore a vast majority of the current inventory on the market. The trait that these properties share in common is that they are single bedroom units. Landlords tend to shy away from them for fear that they won’t be able to pull in the rents they desire. If you can relate to this standpoint, just as with avoiding duplexes, you could really be missing out on some great buys. Read more »
Tuckpointing old brick
The tuckpointing in your brick building is starting to decay. Cracks are forming and small chunks of mortar are beginning to fall out. Sounds like you’re due to take on the “not too difficult” but time consuming task of tuckpointing. Time to head on down to the nearest Home Depot or Lowes at stock up on tuckpointing supplies and ready mix mortar. Right? If you are tuckpointng an older building like those found through most of St. Louis City and much of St. Louis County, you just made a mistake. Read more »
