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Updated about 1 year ago on . Most recent reply

St. Louis, MO
Hey BP Fans,
I decided to start a thread in here to see who's lurking around here in Saint Louis, MO or the surrounding areas? I'm looking to increase my network!
Most Popular Reply

Hello!
I currently own 3 homes in the St. Louis are and I'm planning to buy 3-4 more in October. The area I am focusing on might be considered a c-d but it's really quit lovely. It's near the confluence and the homes cost anywhere from $20,000 -$40,000. They rent for $850 a month. I feel like they are great investments when you look at the overall cash flow. I am managing the properties myself because I really haven't found anyone that's great. So far it hasn't been to bad.
I plan on moving there in March of 2017 and helping other investors buy some of these gems. I am currently a RE Broker in San Diego California and it's impossible to get rentals that cash flow great with such a small investment. I will get licensed over there so I will have access to the MLS and all the contracts to write up offers. I also plan to open a property management business when I get there so I can be a one stop solution for out of town investors.
Let's connect!