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Updated almost 5 years ago,
Rental Property in Cahokia, Illinois
Bigger Pockets!
I have a friend selling a recently rehabbed property in Cahokia for $20,000. It’s a 2 bed 1 Bath. I checked rentometer and average rents are around $1000 +|-
Is anyone currently renting/living in the area? Based of past posts it sounds like there is lots of crime (trulia crime maps says that’s not so)
Also posts mentioned property management was poor.
Anyone have any recommendations for PM’s or should I skip this area all together and save the headache?
On paper I see a 20,000 cash property that would rent for $850, producing cash flow that might be worth the effort.