Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 8 years ago,
Investing in St. Louis Suburbs
I am looking to purchase my second rental property in the St. Louis area and am currently targeting my search towards suburbs along the 270 corridor such as Maryland Heights, South Bridgton, Olivette and potentially St. Charles. I have found some pretty reasonably priced properties out in this direction and wanted to see if anyone else has had success in these areas.
I should clarify my goal is to buy and hold rental properties in this area and while positive cash flow is a must I am more than ok with a 5%ish cap rate. I am interested to hear if anyone has been active in this area.