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Updated over 5 years ago on . Most recent reply
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Investing in St.Louis
Hey everybody I just want to get some perspective of some people from the St.Louis area. I am from Denver and looking to invest in St.Louis. Seems to me like a good market to invest in for the most part I am just trying to see is there anything that make it undesirable for people to invest there.Ive found some midwest cities have interesting tenant laws such as Chicago that make investing a little more of a hassle than others. Anyways appreciate any advice people are willing to provide and thanks in advance.
Most Popular Reply
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- Residential Real Estate Broker
- Saint Louis, MO
- 567
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The biggest drawback to St Louis is the crime, which is generally spread across pockets of the city. It can be a hard market to know unless you've driven the streets because, quite literally, one block can be very different from the next. That might sound unreal, but you'll find blocks that have abandoned, boarded-up buildings and then cross to the next block and it looks completely normal.
Beyond that I'd say most of the rest of the facts of investing in St. Louis are positives, unless you abhor muggy, humid summers and baseball.
- Peter MacKercher
- [email protected]