Seeking Birmingham, Alabama Turnkey Advice. (Investors Only)

78 Replies

hello every one, 

I am currently in a contract with a TK property. The SFH is on NE, Centerwood Estate Center Point Alabama 35215. 3bed/2bath. I am interested in investing in more properties if this investment turns out good. I have some questions and need advice. i hope that i can get them from this post. I highly appreciate for all your insights.

NE, Centerwood Estate Center Point Alabama 35215

What do i expect for cap rate in this particulate area  and Center Point? 

what is the comp (price) properties here? (3bed/2bath)

Is this area a grade -/+A/B/C/D?

If the foundation has problem (crack), how much does it cost to fix in the future? 

Thank you! 

Kim

hello every one, 

I am currently in a contract with a TK property. The SFH is on NE, Centerwood Estate Center Point Alabama 35215. 3bed/2bath. I am interested in investing in more properties if this investment turns out good. I have some questions and need advice. i hope that i can get them from this post. I highly appreciate for all your insights.

NE, Centerwood Estate Center Point Alabama 35215

What do i expect for cap rate in this particulate area  and Center Point? 

what is the comp (price) properties here? (3bed/2bath)

is this area a grade -/+A/B/C/D?

If the foundation has problem (crack), how much does it cost to fix in the future? 

Thank you! 

Kim

Make sure you have your inspection paid by you  That will be the best 3-400 you’ve ever spent Saved me 30k last year  

If you have a foundation problem run don’t walk away. Repair could cost thousands   Good luck. JP

Thanks John, 

with the foundation problem, i will consult with inspector what is the best way to fix. I think i may book 2 separate inspectors paid out of my pocket.

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