Birmingham Alabama Vs Columbia SC

[Omer Zakai]

Hi All,

I currently explore these 2 markets as a new out-of-state investor. My investment strategy is to buy and hold SFH and looking to build a portfolio. Focusing on more recently built properties (2000+) in good area s( B+, good school) $100K-$180K each with 5-7% cap rate with good appreciation potential.

Both markets seem to be very hot with a lot of new construction; properties are being sold over asking, and hard to find sold deals. I would love to get the crows' wisdom with some insights from local investors that operate in both markets.  

Omer