Tell me about St Louis from an investing perspective

[Wendy Brockman]

Hey there

I am OOS investor looking for opportunities around the country. Properties in St Louis seem like they could cash-flow.

city-data.com tells me the population is falling by 11% 

Zillow tells me house prices will fall by about 7%

What's the story on the ground, how is the market feeling and why are things looking a little challenging right now.

Can anyone share any suburb recommendations?

Thank you

[Matt F.]

If you're serious, I would strongly advise you to take multiple trips to St Louis to learn firsthand and network.  This is not a homogeneous market where you can safely play it from afar.  It's highly mixed, neighborhood to neighborhood, and block to block.  I would NOT put much stock into articles or resources that summarize the St. Louis market, whether they are positive or negative.  The city and county could not be more different than each other, and even parts of the county that are widely disparate from each other.  To be successful here, there are no generalities, you need to know the details.