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Updated almost 5 years ago on . Most recent reply
Single Family in St. Louis
Hi everyone,
I'm a total newbie to this site. I have been listening to and absorbing the podcasts. I think I'm on No. 8 or 9. I just started browsing this site today, and I see that I have plenty more to digest.
The best financial decision my wife and I have made to this date was to hold on to our first home when we moved. We've been renting that home out for a few years now, and it's proved to be a great, great investment. With 4-5 years experience under our belt now, we're considering buying another single-family in the same location--University City, Missouri, near Washington University in St. Louis. Home prices have soared in this area but I think there are still opportunities in the area. I don't have a good sense of the rental values there. How might I go about obtaining that information? I'd appreciate hearing from anyone (landlords, investors, lenders, etc.) familiar with this area.
Thank you.