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Jay Baxter
  • Investor
  • Birmingham, AL
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Birmingham B+, B and C

Jay Baxter
  • Investor
  • Birmingham, AL
Posted May 20 2016, 16:59

Hello Birmingham investors,

I'm a newbie trying to learn my local areas better before I purchase my first investment property, and had questions for Birmingham investors, contractors, PMs and Realtors.  I'd like to eventually own a mix of cash flow and cash flow with appreciation potential properties in B+, B and possibly C neighborhoods.  Based on what I've learned so far, I think the...  

  • Birmingham cash flow with appreciation potential (B and B+) neighborhoods with strong opportunities for investors (loosely ranked) are Pinson, Gardendale, Trussvile, parts of Hoover, Leeds and Crestwood.  
  • The purely cash flow (B- and C) opportunities are Center Point, Roebuck, Hueytown and parts of Hoover.  
  • The areas where I'd love to get lucky for appreciation purposes if I could find a great deal are Vestavia and Homewood (A and B+ areas).  

Is this a reasonable assessment of the Birmingham metro RE investment landscape?  

Also, I would love any advice anyone is willing to share regarding talented and dependable local contractors, buyers agents that work with investors, or property managers. 

Thank you for your help!!!

Jay

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