Is anyone investing in SFH in St. Louis? I lived there for 10 years and know the area well and still have family there. It's also a ~4 hour drive from where I currently live so although it's out of state, I feel like it's quite accessible to me. Would love to hear from any investors who are in that market. I'm looking at county vs city.
STL is a very active market. You have experience there so you know the area is hit or miss, stay away from the rough areas. Just keep analyzing deals and putting in offers.
Is anyone investing in SFH in St. Louis? I lived there for 10 years and know the area well and still have family there. It's also a ~4 hour drive from where I currently live so although it's out of state, I feel like it's quite accessible to me. Would love to hear from any investors who are in that market. I'm looking at county vs city.
Hey @Ryan Sherring! There are many people investing in St. Louis. What type of properties are you seeking, SFR, 2-4 MF, or 5+ MF? What is your price range/down payment amount? Are you looking for turn-key properties or something along the lines of a "fixer upper"? Are you open to Section 8 properties or not?
@Jaycee Greene Hi Jaycee. Looking at SFR in the $230k - $280k. I've looked at 2 - 4 plexes but just can't make the numbers work but would consider. Wouldn't mind a bit of a fixer upper, I have a decent team in STL.
@Jaycee Greene Hi Jaycee. Looking at SFR in the $230k - $280k. I've looked at 2 - 4 plexes but just can't make the numbers work but would consider. Wouldn't mind a bit of a fixer upper, I have a decent team in STL.
@Ryan Sherring That price point for a duplex or 4-family probably puts you in South City. You might be able to find a duplex at that price point in the county (or in St. Charles).
Do you have a preference in location/neighborhood in St. Louis?
STL is a very active market. You have experience there so you know the area is hit or miss, stay away from the rough areas. Just keep analyzing deals and putting in offers.
Is anyone investing in SFH in St. Louis? I lived there for 10 years and know the area well and still have family there. It's also a ~4 hour drive from where I currently live so although it's out of state, I feel like it's quite accessible to me. Would love to hear from any investors who are in that market. I'm looking at county vs city.
Not the St. Louis I grew up in. I bought a house in 2000 in St. Louis Michigan for my Dad to live in and it has only doubled in value in 25 years...
Is anyone investing in SFH in St. Louis? I lived there for 10 years and know the area well and still have family there. It's also a ~4 hour drive from where I currently live so although it's out of state, I feel like it's quite accessible to me. Would love to hear from any investors who are in that market. I'm looking at county vs city.
Not the St. Louis I grew up in. I bought a house in 2000 in St. Louis Michigan for my Dad to live in and it has only doubled in value in 25 years...
@Account Closed St. Louis tends to be more of a cash flow market rather than an appreciation market.