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Rental Basics in Saint Louis : Real Estate Advice

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  • Local Info50
  • Home Buying183
  • Home Selling39
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Activity 15
Wed Sep 20, 2017
Ketra asked:
to live there shouldn't I get my $40 application fee back if she did not run a background check or do anything at all???
0 votes 0 Answers Share Flag
Mon Sep 11, 2017
Melissa flannery answered:
sounds like the owner is money hungry to me. If you are paying anything, he should have you only pay the days you are living there. It's called prorating. Ask him to do so. Keep us updated! ... more
0 votes 1 answer Share Flag
Mon Aug 31, 2015
Flajboidi asked:
I am interested in 4358 Forest Park Ave, Saint Louis, MO 63108.
I am looking for a furnished small apartment or studio in Saint Louis. I would like to know prices. I intend to go this October,…
0 votes 0 Answers Share Flag
Wed Jan 21, 2015
Brad Bleich answered:
I can help you with your credit situation. I am available anytime @ 618-978-1595.
0 votes 1 answer Share Flag
Thu Dec 25, 2014
John answered:
You can do a background check, try to find service for free on http://google.com otherwise you will need to pay...
0 votes 8 answers Share Flag
Mon Mar 18, 2013
Kristin Dodson, REALTORĀ® answered:
Kelli, Hi! I am sorry to read your posting. Check out this website it will help you alot to understand and you can download Landlord/Tenant booklet.

http://www.lawmo.org/law_rep.htm

If you have to seek an attorney, make sure they are experts in Landlord/Tenant Missouri Law.
Good luck,
Kristin Dodson, Realtor
... more
1 vote 3 answers Share Flag
Wed Mar 6, 2013
jimhollinshead answered:
Many docs from Barnes-Jewish/Children's Hospital select CLAYTON for its central location (proximity to Barnes-Jewish), its abundance of Luxury Apartments and its nice selection of upscale eateries and its reputation as being totally safe. If you haven't done so already, I would inquire with other docs (especially those that recruited you to the area or those with whom you will work) to get granular information/recommendations on specific Luxury Apartment communities they suggest. Given your criteria, Clayton is your very best choice ... more
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Sat Jan 26, 2013
Jenifer Garcia answered:
Selma Memisevic w/ Liberty Mutual is awesome; I highly recommend her! selma.memisevic@libertymutual.com
0 votes 5 answers Share Flag
Sat Jan 26, 2013
Jeanette Bell answered:
Most landlords require their tenants to make at least three times the amount of one months rent. So if you rent an apartment for $300 per month, typically landlords will want to see, via pay stubs, that your monthly gross income is around $900. Some landlords ask you make 2 1/2 times the monthly rent. I would advise asking up front what the requirements are. Best of luck! ... more
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Wed Jan 9, 2013
Jenifer Garcia answered:
I own lots of rentals in 63139. Lots of good quality tenants & apartments are quick to rent. Hope this helps!
0 votes 4 answers Share Flag
Fri Apr 9, 2010
Don Tepper answered:
I'm not aware of any particular restrictions or requirements in Missouri. The only state that's imposed restrictions (not banning them, but affecting the way they can be done) that I know of is Texas.

You certainly wouldn't need a license to do lease options (or sandwich lease options) in Missouri. Your main concerns would be on the lease side--and that would be the same same requirements that Missouri (and possibly St. Louis) have regarding any lease.

You'll find attorneys who know and understand lease-options at real estate investment clubs. Here's a link to clubs in Missouri: http://www.creonline.com/real-estate-clubs/mo.html

Funny but true story: When I was first getting started in real estate investing, I met with a lawyer recommended by my accountant. I explained I was interested in doing lease-options, and wanted him to review my contracts. He responded that he didn't like lease-options because they were unilateral agreements. (Not that they were illegal or immoral. He just "didn't like them.") Well, duh! They are unilateral agreements; that's the beauty of them. We Realtors are told not to pretend that we're lawyers, or to give legal advice. Fair enough. It's surprising the number of ill-informed lawyers who love giving investing advice.

Hope that helps.
... more
0 votes 2 answers Share Flag
Sat Sep 19, 2009
Lisa McKnight answered:
I agree with Chris. There should not be a problem. If you need assistance in finding a home or apartment to rent or buy in St. Louis, let me know.
0 votes 2 answers Share Flag
Tue Sep 15, 2009
Lisa McKnight answered:
It may be possible to have someone else rent the apartment from you and you pay the lanlord. Look at your lease to see if there is a section on subleasing. If not still unsure after reading, have a local Realtor or Lawyer read it for you. There is also an the option of buying yourself out of the lease (paying the monthly rent in one lump sum for the rest of the term). ... more
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