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Updated 12 months ago on . Most recent reply

User Stats

168
Posts
40
Votes
Jonathan Sher
  • Saint Louis, MO
40
Votes |
168
Posts

St. Louis, MO

Jonathan Sher
  • Saint Louis, MO
Posted

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

User Stats

65
Posts
82
Votes
Janett Lewis
  • Investor
  • St. Louis, MO
82
Votes |
65
Posts
Janett Lewis
  • Investor
  • St. Louis, MO
Replied

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!

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