I currently own 2 single families and a duplex in Memphis TN, and I now want to start looking at multi units. The TN market is very competitive right now so I want to start looking at other markets. Does anyone have any info on the Alabama market?
Yes I have a duplex in Birmingham. CF is great. About 1.2 rent value. Typical fourplex gives you 1.0 rent/value. Birmingham and Montgomery are more affordable and CF-ing than Huntsville. Huntsville is great when you factored in Appreciation.
I just finished analyzing your market actually, Birmingham and Memhis is having rental yield decrease of 0.9% in three years, which is good for both market.
@Max Lopez I'm a property manager here in Huntsville and work with out-of-state investors. Feel free to connect if you want information. There are lots of opportunities here, depending on your strategy.