Updated almost 18 years ago on . Most recent reply
St. Louis Rental
So I've never purchased a rental, and never really planned on it, but I found a home for 500 dollars. Zillow says its worth 80K, and rentslicer says it will rent for $750/mon. Its 1700 sq. ft., and I have a call in for repairs, etc. Its a brick home, built in 1920, I think it was.
One problem, the area is violent. Those aren't my words, those are the words of a website that breaks down the population, I stumbled upon. I was wondering if any property managers here were from st. louis, and could tell me about the area. It sounds like the ghetto, more or less. I'm wondering how long it would take to rent it out, after repairs are done.