My Birmingham Turnkey Property Update.

16 Replies

I got into the Birmingham market back in May. Now the rehab has been completed and tenants moving in anytime. Inspection had a few small issues but the provider used it as a checklist and repaired everything with no questions asked, and kept me informed the entire time. The financing went through smoothly except for a delay in the appraisal. And my management company is in contact with me regularly and very quick to get back to me. Is this all to good to be true? So far I am happy...happy...happy :). for upcoming deal

@Joey Noel not too good to be true - the way it's supposed to be. Congrats on your deals, I hope everything continues to go your way! I enjoyed your podcast by the way.

take care!


That's great news Joey.. Congrats...

@Gautam Venkatesan Joey has a podcast coming on I hear it's going to be about his experiences in Indy and Birmingham. Can't wait! Check it out!

Congrats @Account Closed glad to hear things are going well. Please do keep us updated on the property. If you haven't already, would you be willing to share some of the numbers on the deal? 

Congrats! I hope when I do finally start my investing that I come across a similar situation. I know at times it can be rough but I am sure a rough start will throw people off and perhaps give up. Although I do not see myself giving up I am sure it will make it tough to stick it out. Well anyways that is awesome hope everything continues to go well.

@Account Closed Congrats on the purchase. Was the rehab construction timeline in line with what you were told when you put the property under contract?

@Kevin Trumbull it's a B class property in the center point area.   Freshly rehabbed turnkey property.  Paid $67k and rent is $850.  It's a 4/1. 1800 sqft on a large corner lot.

@Larry F. Yep! Everything went as planned.  Couldn't be happier.  

@Joey Noel -- nice one Joey.  Glad it went well.

@Account Closed , I'm visiting Birmingham in a few weeks. Could you recommend some turnkey providers for me to meet?

@Charles McClure Just wondering if you were able to meet up with any turnkey providers in Birmingham area. If so, do you mind sharing their names. Thanks

Joey Noel FSU in 2017!

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