All Forum Posts by: Christopher Barnes

@Christopher Barnes Most parts of Cahokia are going to be C/C- properties. The area is definitely lower class and the median home value is right around $50k. You can find some nice cashflowing deals if you do your due diligence. However, Cahokia is located in Illinois where landlord tenant law and taxes are much different than over on the Missouri side. In terms of the St. Louis market which encompasses a bi-state metro (MO+IL) the majority of investors tend to stick to the Missouri side where taxes are lower, evictions are easier, and property values higher. There are many great towns, cities, and municipalities in the metro area to invest. For me, personally, Cahokia would be pretty far down on my list of best places to invest in STL. I hope this provides some insight. Let's connect have you have any other questions. 

@Christopher Barnes I am a local investor here in St. Louis, born and raised. STL can be tricky if you are not familiar with each street and specific neighborhood, as it is notoriously a "block to block" city. That said, we have tremendous opportunities for cashflow investments and have seen a ton of out of state and out of country investors specifically target St. Louis for that reason. The company I work for manages properties in MO,CO,AR,AL,OK,FL,SC,GA,MS,VA,OH,MI, and TN. Regardless of the market it's crucial to have a trusted team to help support your investment goals. If you have any questions regarding STL, best areas, contractor recommendations, etc. I'd love to connect and offer any assistance I can.