Need a REALTOR® for your
St. Louis investment property?
OutofTownLandLord connects you with St. Louis's very best property investment specialists. A licensed, experienced, dedicated REALTOR® who will deliver stunning results and stellar service. Learn about the REALTOR® and the St. Louis market below.
Alicia Sierra, REALTOR®
St. Louis Investment Specialist
Counties: St. Louis County, St. Louis City
Cities and Towns: St. Louis City, St. Louis County
Licensed Since: 2007
Company: Hermann London Group
About Alicia Sierra
With over 15 years of experience in real estate, the knowledge I have accumulated as a loan officer, real estate investor & Realtor (over 550 sales and counting) is at my clients' disposal. I know things only the streets can teach.
After 3 years as a loan officer, I renovated homes for first time buyers full time. I started my sales career at Coldwell Banker Premier, where I was awarded National Rookie of the Year in 2008 for highest number of properties sold. I now service my clients personally in a boutique brokerage setting at The Hermann London Group.
I work hard and bring integrity, transparency & some humor to the process. You will be well informed, well guided, and ''looped in'' when we work together. Can't wait to hear from you!
About the St. Louis Market
St. Louis is experiencing the same trend as most of the country: millennials are flying the nest and leading the boom in household creation. According to the Urban Land Institute’s recent report on emerging trends in real estate, we will see 3.68 billion new households over the next 3 years alone. This matches pre-recession levels.
We have a great list of solid reasons to choose the metro St. Louis real estate when investing your money. From a strictly financial point of view, here are some of the reason why St. Louis attracts real estate investors due to the combination of the low cost of living, lower housing prices, and job growth. St. Louis is now recognized, for example, as a leader in tech jobs growth. Also attractive to many landlords: the abundance of multi family housing stock, not as common in most midwest cities.
This confluence of factors is driving up the rental rates on existing homes in high demand area and opening up demand just outside those core neighborhoods. This increase in demand for residential development can in large part be attributed to the Cortex technology hub, centered between the brain trusts of both St. Louis University and Washington University & adjacent to a Top Ten hospital complex. It is designed to both attract and retain both technology & science professionals.
Above and beyond the dollars and cents perspective, there is something even more compelling than any impressive statistics or rankings can demonstrate: St. Louisans love St. Louis. They love their town, and often spend their entire lives there or at least eventually come home again. It’s the same quality that makes St Louis a great baseball town and it’s what many young entrepreneurs are discovering for themselves.
The simple fact is that if you are going to own or invest in rental properties, they ought to be in a place where people like to live. St. Louis more than meets that standard.
Investment Price Points in St. Louis
Investors can enter our market for as little as $25,000. Prices vary greatly depending on location, target returns. That being said, for single family investment I see $25-$100,000 range in general. For 2-4 unit investment, $35-$350,000 range.
Free Report: Demographic and Housing Data on the St. Louis Market
Would you like free demographic and housing data on the St. Louis market? The report includes information on schools, income, employment, crime, average sale prices, fair market rents and more. You can get reports on the whole market or zero in on a specific zip code.
This report has all the info you need to help you decide if the St. Louis market is right for you! Click here to get your free report.