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Updated almost 2 years ago on . Most recent reply

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Mark Iscaro
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Buying my first property in Montgomery Alabama

Mark Iscaro
Posted

Hi, planning on buying a rehab duplex all cash in the Montgomery Alabama market. Since Im from Jersey my question is if this market is worth investing in and any tips would be helpful. 

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Greg Parker
  • Realtor, Contractor, Property Manager
  • Montgomery AL and Dauphin Island, AL
526
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633
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Greg Parker
  • Realtor, Contractor, Property Manager
  • Montgomery AL and Dauphin Island, AL
Replied

The market is great.

In a number crunch of 300 cities using 10 metrics ranging from home prices to tax rates to vacancy levels, WalletHub determined that Montgomery, Alabama, was the nation’s most affordable city for homebuyers. Rounding out the top 10 of affordable homeownership cities were Flint, Michigan; Toledo, Ohio; Detroit; Akron, Ohio; Warren, Michigan; Pittsburgh; Yuma, Arizona; Springfield, Illinois; and Palm Bay, Florida.

Also, Alabama has the second lowest property taxes behind Hawaii.


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