All Forum Posts by: James T.

 Thanks for the post Kathy. I like the old brick homes of St. Louis. The prices are great and the brick exterior is lower maintenance and durable. The downside is typically, location. I haven’t seen many of those old brick homes near the airport where I work. I personally need a multiplex unit near the airport or with quick access via the Metrolink Red Line. My focus for the first property is finding a turnkey to live in one unit and rent the other(s) to fellow pilots or airport employees. Neighborhood recommendations are always welcome. I’m learning more every day spending time on Biggerpockets.

Hello Bigger Pockets community. I’m a new transplant to the Saint Louis area. I stay busy with my day job as a regional airline pilot based at the Lambert St. Louis Airport. Up to this point, I have been renting rooms month to month wherever I've been based. I have recently been promoted (came with the transfer to STL), and I’m looking to change strategies and use the money I saved to invest for financial independence. At this time, I’m temporarily staying at a friend’s house, and I’m actively looking to buy a duplex or multiplex to live and rent the remaining unit(s).

I am a first time investor and my goal is to start strong. Due to my occupation, I have lived in many different cities around the country over the past five years, and I’m looking for the right city to invest. I would be grateful for any information concerning the St. Louis area. The prices here look great, even with active tenants. However, there are a large number of multifamily properties listed for 100+ days, which is a concern for the exit strategy. I'm gathering as much information as possible. Thank you in advance! 

James