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Updated about 9 years ago on .

Account Closed
  • Insurance Agent
124
Votes |
191
Posts

Investing in St. Louis Suburbs

Account Closed
  • Insurance Agent
Posted

I am looking to purchase my second rental property in the St. Louis area and am currently targeting my search towards suburbs along the 270 corridor such as Maryland Heights, South Bridgton, Olivette and potentially St. Charles. I have found some pretty reasonably priced properties out in this direction and wanted to see if anyone else has had success in these areas. 

I should clarify my goal is to buy and hold rental properties in this area and while positive cash flow is a must I am more than ok with a 5%ish cap rate. I am interested to hear if anyone has been active in this area.