paint

Lead can not only be hazardous to your health, it can also be hazardous to your pocketbook. If you are a real estate investor or owner occupant of a historic building, chances are the building is full of lead paint. Depending on the severity, lead abatement can be expensive and time consuming. Assistance from Federal and State governments has been available for years, but the method of reimbursement has...

In addition to the Multi-Family Window Replacement Program, the City of St. Louis recently also has a  called the Multi-Family Lead Remediation Program. Where the window program only compensates landlords for the replacement of up to 10 wood windows per unit ($200 for normal windows and $400 for historic windows), this program has broader implications. Rather than compensating rehabbers just for windows,...

*NOTE - This article was originally written in May of 2007 for the newsletter. Working with investment real estate offers me an opportunity to talk shop with all kinds of landlords and view all types of apartments, across St. Louis. One thing that always astounds me, is the lack of quality rental units in town. There seems to be a perception that there is no market for quality apartments. In my...