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What are some hot areas for purchase of a two family investment property in St. Louis city?

Am looking to purchase a 2 family investment property. Is it too late to jump in at The Grove mid city?
Wed May 14 2008, 18:54 - 63118 - Home Buying - 2 answers
 
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Karen Clare
Buyer & Seller
in Saint Louis
Karen Clare, Buyer & Seller in Saint Louis in Saint Louis
Answers (2)
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Dale Weir was FIRST TO ANSWER Dale Weir received BEST ANSWER
The Tower Grove East, Fox Park neighborhoods & Dutchtown are great areas for investment properties. Last year the City of St. Louis led in rise in property value for our area and is expected to do the same this year. If you need any help finding a good deal, please contact me through the web site below.

Thu May 15 2008, 06:39
Web Reference: http://www.TerryWillis.net
 
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You are never too late to buy, but how good of a deal you'll get depends. Once it's "HOT" area, it's a hot area and the prices go up. That doesn't mean that good properties aren't still available. It doesn't mean that properties won't still appreciate well - it just means that you while you will spend more money initially, you will have less of a risk than if you bought while it was a "COLD" property and no one wanted to risk buying in that area. Now that it's HOT, you have a greater assurance that your investment will grow and prosper than you would have had you bought the property earlier.

Wed May 14 2008, 20:35
Web Reference: http://www.yourstlhome.com
 
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