About Us
Real estate offers unique features that are seldom found in other investment vehicles: appreciation, steady income, an inflation hedge, leverage, tax incentives, and even growth in business acumen. It's truly been a financial game-changer for us. But, diving into real estate involves more intricacies than investing in stocks or bonds, which is why having experienced and the right guidance is crucial. We've been successfully navigating this path for nearly a decade, achieving tangible results for ourselves and helping our friends do the same. Now, with Momentum Homes STL LLC up and running, we're eager to help a wider circle make their mark in real estate. We'll guide you from start to finish: finding the right properties, sprucing them up, and securing great tenants. Whether you want us to manage everything or prefer to learn how to do it yourself, we’ve got you covered. Our approach has transformed our finances and those of our friends, who are either content with their multiple rental homes or are keen to expand their portfolios even further. Everyone's thrilled with their results, and we're confident enough to guarantee the same success for any family that partners with us
The Benefits of Investing in Rental Properties
Steady Income
We invest in and recommend houses that typically rent for $1,300 to $2,200 per month. This range is affordable for most tenants in St. Louis and ensures landlords can invest in quality properties without overspending or compromising safety. With a conservative annual rent increase of 2-3%, this income can grow significantly. For instance, a property renting for $1,500 today could bring in $1,843 in 10 years, $2,264 in 20 years, and $2,779 in 30 years. Doubt it? My decade of experience and our clients’ successes validate these figures.
Appreciation
The S&P/Case-Shiller Home Price Index shows Midwest homes appreciating at 3-4% annually. A $250,000 house today could be worth $351,000 in 10 years, $493,000 in 20 years, and $692,000 in 30 years with a 3.5% appreciation rate. Despite short-term fluctuations like the COVID spike or the 2008 mortgage crisis dip, history shows real estate consistently appreciates over the long term.
Tax Benefit
Rental property owners can deduct a array of expenses associated with management, maintenance, and operation, such as property management fees, repairs, and travel expenses. A unique advantage is depreciation, which allows investors to deduct a portion of the property’s cost over decades, effectively reducing taxable income unmatched by other investments. Moreover, rental income is not subject to self-employment tax, enhancing its tax efficiency compared to other active income sources.
Property Management
Discover the smart way of property management, where we surpass similar services. We ensure prompt communication with tenants, quickly addressing their needs. Urgent issues are resolved immediately, while less critical matters are managed with reasonable expectations. Before tenants move in, we perform a detailed walk-through of key items in the house to minimize emergencies and prevent issues from arising in the first place. If something does happen, our well-informed tenants will know exactly what to do to manage the situation until we can take over professionally. Our periodic, small yet effective maintenance checklist keeps your house in excellent condition, ensuring long-lasting quality. Our goal is to keep your tenants happy and long-term, maintaining high property standards so that when it’s time for a turnover, the property is ready to be re-rented quickly. For those unwilling to deal with the headaches or who are out of state, we are happy to manage on your behalf. Moreover, we are happy to offer our expertise to clients who want to manage their properties on their own, free of charge, provided the property is purchased or leased through our services.
Property Management
Discover the smart way of property management, where we surpass similar services. We ensure prompt communication with tenants, quickly addressing their needs. Urgent issues are resolved immediately, while less critical matters are managed with reasonable expectations. Before tenants move in, we perform a detailed walk-through of key items in the house to minimize emergencies and prevent issues from arising in the first place. If something does happen, our well-informed tenants will know exactly what to do to manage the situation until we can take over professionally. Our periodic, small yet effective maintenance checklist keeps your house in excellent condition, ensuring long-lasting quality. Our goal is to keep your tenants happy and long-term, maintaining high property standards so that when it’s time for a turnover, the property is ready to be re-rented quickly. For those unwilling to deal with the headaches or who are out of state, we are happy to manage on your behalf. Moreover, we are happy to offer our expertise to clients who want to manage their properties on their own, free of charge, provided the property is purchased or leased through our services.
Expert Services We Offer
Buy and Sell Properties
Although our experience is deeply rooted in single-family rental property transactions, we believe that many key elements we’ve learned and mastered are applicable to other property types. In fact, rental property buying is often more competitive because it generally involves lower price points compared to owner-occupied homes, and we compete not just with homeowners, but with a host of other investors as well.
Buying: We harness all the essential data from the MLS to fully understand the property. We then engage with the listing agent, asking precise questions to perfectly time and structure our offer. By tailoring the offer with specific clauses, we ensure you secure the best deal without overpaying. It’s all about solid data analysis, smart timing, and strategic negotiation!
Selling: We guide you through the right cosmetic enhancements and updates to maximize your return on investment. We create attractive ads and perfectly time your listing, showings, and offer reviews to generate the most interest and highest offers.
Rental Property Selection and Preparation
Did you know that while anyone with a real estate license can write an offer for a property, only about 20% of agents actually own rental properties themselves? And of that 20%, how many manage to scale their rental portfolio while holding down a demanding full-time job? My point is, work with someone who’s been in your shoes, who’s done it, and done it successfully.
We know all the ins and outs of finding the perfect rental property. From identifying the right property, closing the deal, making repairs, passing inspections, to getting it ready for renters—we’ve done it all, many times over! We’re hands-on every step of the way, including tackling our own renovations to coaching friends on theirs. By learning from both our mistakes and successes, we’ve figured out what really works. And since we’ve managed all this alongside full-time jobs, we completely understand what suits busy professionals.
Leasing and Tenant Placement
Having great tenants is key to maintaining a sustainable stream of rental income. To achieve this, strategic planning is essential in several areas: advertising your rental property, setting clear criteria, conducting a thorough prescreening process, and interacting with potential tenants during tours, finalized by a strong lease agreement that clearly outlines the rules to protect both parties. This comprehensive approach ensures you find the most suitable tenants, minimizing risks and ensuring rent stability. Our track record speaks for itself: over nearly a decade, we have managed close to 50 sets of tenants for ourselves and friends without a single missed rent payment or eviction. On average, our tenants stay with us for over five years, and we can usually fill a vacancy within two weeks. All of this has been achieved while working full-time, proving that our system works!
Property Management
Discover the smart way of property management, where we surpass similar services. We ensure prompt communication with tenants, quickly addressing their needs. Urgent issues are resolved immediately, while less critical matters are managed with reasonable expectations. Before tenants move in, we perform a detailed walk-through of key items in the house to minimize emergencies and prevent issues from arising in the first place. If something does happen, our well-informed tenants will know exactly what to do to manage the situation until we can take over professionally. Our periodic, small yet effective maintenance checklist keeps your house in excellent condition, ensuring long-lasting quality. Our goal is to keep your tenants happy and long-term, maintaining high property standards so that when it’s time for a turnover, the property is ready to be re-rented quickly. For those unwilling to deal with the headaches or who are out of state, we are happy to manage on your behalf. Moreover, we are happy to offer our expertise to clients who want to manage their properties on their own, free of charge, provided the property is purchased or leased through our services.
Why Choose Us?
- Highly qualified staff
- Honest and flat-rate pricing
- 100% satisfaction guaranteed
- Wide service area
- On-demand emergency services
