Patrick Kavanagh ( Broker )

I have been in the rental real estate market for over a decade. I personally own and manage my own rental property in the Saint Louis area. I hold a broker’s license, not your standard/entry realtor license. A broker’s license requires a minimum level of experience, as well as additional testing. As a broker, I’m more than happy to help investors with their success in the Saint Louis market – a market I believe is one of the best-suited (if not the best) markets for rental real estate in the country.

Prior to being a full-time broker, I worked in the tax department of Wells Fargo Advisors for seven years. I also maintained a private tax preparation practice of nearly 40 clients at its height (now currently just for close friends and family). The result is a complete understanding of investment property from purchase to ownership to eventual divestment, and compliance throughout. I also have a strong passion for leveraging technology to find and implement efficiencies in everything I do. As a one-man operation for most of my career, this has been as necessary as it has been fruitful.

For clients who need them, I connect and refer the same vendors for lending, title, inspections, and repairs etc. I use for my own investments. All of whom I trust to perform their role timely and effectively. This, aside from finding and choosing the right property, is perhaps the most important and overlooked part of any real estate transaction.

I recently finished a gut rehab (down to the brick and joists) of a three-story four-family apt building in Tower Grove of nearly 4,000sf with 6 bedrooms and 6 full bathrooms, complete with off-street parking, in-unit laundry, EV-charging, a three-story covered deck, historically accurate finishes in accordance with tax credit requirements, super efficient mechanicals including heat pump HVAC and water heaters, and very high level building performance made possible by superior insulation / construction methods resulting in avg per unit ACH50 (“blower door test”) ratings of 2.71. Building historically and efficiently in order to leverage available tax credits is of peak interest to me as it combines most of my knowledge bases into one single project(s), and I am looking forward to doing it more either alone again or with partners.

My other passions include sports (soccer in particular), guitar, space/rockets, and travel – I love to travel. It’s one of the main reasons I entered this market – the rent is always due, no matter where you are!

Phone:
+1 314-884-8685 call/text/WhatsApp

Fax:
N/A

Email:
patrick@incomepropertySTL.com