Hi, Im a foreign nation from Canada and is looking to invest in the st Louis market, specifically the north county area. Any suggestions if it's a good market to start from? Future growth etc?
Real Estate Broker · Fresno, CA · Member since 2008 · 76 posts · 30 votes
2y
Not a great area to invest. There are some rough areas in north county. It’s seemingly attractive to new investors because of the potential cash flow, but the cash flow may not be worth the headaches. Just my humble opinion. Good luck!
Real Estate Broker · Fresno, CA · Member since 2008 · 76 posts · 30 votes
2y
Not a great area to invest. There are some rough areas in north county. It’s seemingly attractive to new investors because of the potential cash flow, but the cash flow may not be worth the headaches. Just my humble opinion. Good luck!
Rental Property Investor · Los Angeles, CA · Member since 2017 · 124 posts · 31 votes
2y
@Mathew Gervais I’ve been investigating in the St. Louis market for about 5 years now, I personally recommend staying away from north city if you are a beginner..
I started in south city as a beginner and I’m still investing there and I’m currently scaling yearly :)
@Mathew Gervais I’ve been investigating in the St. Louis market for about 5 years now, I personally recommend staying away from north city if you are a beginner..
I started in south city as a beginner and I’m still investing there and I’m currently scaling yearly :)
okay thanks for your insight, I've heard that in some parts of south city its getting rough too. What is your average purchase price of a property? Im looking at properties under 85k so I can only invest in certain areas.