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Updated almost 6 years ago on . Most recent reply

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Miranda McKenzie
5
Votes |
8
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Eastlake, Birmingham AL

Miranda McKenzie
Posted

We have been narrowing down where we are interested in investing in Birmingham. I had a realtor recommend the Eastlake area. He mentioned it is an area that has some nice streets and opportunities. Looking at the guide on here though it is listed as a "D" neighborhood. Does anyone have an opinions or thoughts on Eastlake? Is it worth pursuing or should we steer clear? Looking to BRRR a property.

Thank you! 

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Jason Carter
  • Rental Property Investor
  • Culver City, CA
246
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403
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Jason Carter
  • Rental Property Investor
  • Culver City, CA
Replied

I've flipped in Eastlake. Crime is an issue. Cage your HVAC for sure. Our last few have taken longer than we hoped to rent and even had to reduce rent by $25 on a few to get them rented. 

You need to get a local's opinion on what streets and blocks are best. Some are actually pretty nice and some are "hell no!" Also be aware of vacant lots or houses next to or across the street from your property. Stay far away from undesirable houses with lots of people/cars out front all the time. Reach out to 

@Roderick Smith - he's a local agent/investor with extensive knowledge of Eastlake and he works with investors. He's helped me. 

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