Florissant, MO - Investing out of State

[Kien Nguyen]

Hi everyone,

I apologize if this is a stupid/silly/redundant question (pretty big newbie) but any thoughts on investing in Florissant as an out of state investor? Just looking for positive cash-flow but some appreciation would be nice. It seems like this area does not appreciated well? If it is a good are, are there any specific area of Florissant I should be aiming for? Any thoughts would be greatly appreciated. Thank you. 

[David Pham]

Hey Kien, Florissant, MO is a good cash flow area. I have some rentals in Florissant. It's pretty competitive now with lots of local and OOS investors going after the same area. You should have boots on the ground to invest in St. Louis in general just because it's pretty much block-by-block in the city and muni-by-muni in the county.