Where do investors buy in St Louis, MO ?

[Lewis Fisk]

Hi Team Bigger Pockets. I've been investing in Indiana, and want to expand into the Missouri region for my portfolio. I wanted to get an idea of what neighborhoods/suburbs/zip codes of St Louis that investors are buying in. 

[Alicia Sierra]

My cash flow buyers are in the 'off brand' locations in south city (C Class), the investment/development adjacent areas of North City (d class) and parts of North County.

My A & B class buyers are in Benton Park, Benton Park west off Cherokee, Christy Park, Princeton Heights, Southwest Gardens, and North & South Hampton neighborhoods.  

The market is definitely tough - we scout for inventory, cooperate with wholesalers and watch the MLS like a hawk daily (yes, good deals exist when listing agents are market ignorant). I also notice that many Property Managers are behind the times with rental rates, so that is something to keep in mind - I regularly shock with the rates that I am personally getting, along with some of my clients. Many are 20 years behind on rent rates.