Is st louis a good place to start investing?

Question

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?

Mathew Gervais · Answer

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.

Hardy Vibert · Answer

@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 :)

Ken Holifield · Answer

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!

Mathew Gervais · Answer

Thanks just pmd

Hardy Vibert · Answer

@Mathew Gervais yes south city is pretty different block by block..

current portfolio consist of only four Plexes average purchase price is about $163k , I always put 25% down

Feel free to PM me

Is st louis a good place to start investing?

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