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All Forum Posts by: Matei Stroescu

Matei Stroescu has started 1 posts and replied 2 times.

Originally posted by @Matt Guignon:

Hello @Madison Haynes depending on your goals, the Dutchtown neighborhood can be and has been a great area yielding significant cash on cash returns for buy and hold investors. As far as appreciation, there may be better options in St. Louis, but pockets of Ductchtown even have seen some increases in property values over the years. As I'm sure you've seen in your research, St. Louis is notoriously "block to block" and this is especially true in some of the south city neighborhoods, including Dutchtown. With that being said, there are investors currently having great success in the neighborhood and a 15-20% COC return is not out of the norm. Quality property management will be a huge factor in ensuring your asset performs to your expectations.

 Can you recommend any property managers in the St. Louis area?

Would anyone be willing to take a look at give input on this deal? I have about 50k to put down, does it seem like a good deal? Their numbers look great.

https://www.loopnet.com/Listin...