Skip to content
Two investors reviewing resources on a laptop

Get industry-leading resources — for free

Unlock resources for every investing strategy and stage with a free account.

By continuing, you agree to BiggerPockets LLC's Terms of Use and Privacy Policy

Followed Discussions Followed Categories Followed People Followed Locations
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

168
Posts
40
Votes
Jonathan Sher
  • Saint Louis, MO
40
Votes |
168
Posts

Areas with a lot of HUD owned/foreclosures

Jonathan Sher
  • Saint Louis, MO
Posted

I have been looking in the Saint Louis area for single family/multi-family housing. When I search HUD listings, A lot of the listings are in a specific area of town. What can this possibly forecast or mean? Is this an area that you should stay away? It this area so bad economically that people in the area can't afford houses? some of the houses are halfway decent, for example, they aren't boarded up 120 year old houses. I would probably be buying single family homes and renting them out or flipping. I know it would be hard to flip a house in a distressed area, but what about renting? What should I be concerned with or consider? To my knowledge, these areas are not war zones.

Loading replies...