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All Forum Posts by: Clayton Smith

Clayton Smith has started 1 posts and replied 3 times.

Post: St. Louis Rental Investment

Clayton SmithPosted
  • Forest Park, IL
  • Posts 3
  • Votes 1

@Adrienne Curtis Lafayette Square and Tower Grove are great ideas! And I'm so glad to hear confirmation about the growth there. Thank you so much!

Post: St. Louis Rental Investment

Clayton SmithPosted
  • Forest Park, IL
  • Posts 3
  • Votes 1

@Peter MacKercher Thank you so much for your insights! It's great to hear that STL is viable, and growing, both for my interest in investing there, and for the sake of the city as a whole. It's such a special place that I think really deserves its due!

I'll look around at other areas, like you suggested. I know there's a lot of potential around, and I'm looking forward to digging in and finding it! Thank you so much!

Post: St. Louis Rental Investment

Clayton SmithPosted
  • Forest Park, IL
  • Posts 3
  • Votes 1
Hi, everyone! I'm just getting into real estate, and these forums have been HUGELY helpful! I live in Chicago, but am from STL, where the rest of my family still lives. Because St. Louis is a more reasonable market, price-wise, I'm thinking about purchasing rental properties there rather than here in Chicago, specifically a condo in the Washington Ave section of downtown. My sister is a professional property manager, and she would manage the property. I have two questions: 1. Is STL a reliable rental market these days? I'd love to hear any advice or stories anyone has about renting out space there! 2. Does anyone have words of warning and things to be on the lookout for when it comes to owning rental property in another state? Thank you so much!!