Huntsville, Alabama Multi-Family

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Rental Property Investor · SAN DIEGO · Member since 2019 · 69 posts · 38 votes
6y

@Caleb Bryant is right.  Huntsville's hotness is out and the owners know it.  Try looking outside to the surrounding counties in addition to Huntsville.  Madison and Limestone.  

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  • Rental Property Investor · Glen Rock, NJ · Member since 2015 · 3k+ posts · 2k+ votes
    6y

    @Arn Cenedella Your profile indicates you're a broker in SC. Don't know which agency you're with, but potentially connect with other brokers from your agency if it's a national one. 

    Otherwise either brokers or mailing campaigns would have to be the route to take. Ideally you'd want to network with the locals, but that requires being/travelling to the area. 

  • Rental Property Investor · Huntsville, AL · Member since 2015 · 401 posts · 309 votes
    6y

    @Arn Cenedella It's a pretty hot space right now. It's sometimes hard to find the properties on market because brokers from outside Huntsville sometimes get them instead. SVN is the big name in Huntsville and a lot of deals go through them. Feel free to reach out if you'd like to chat about it more

  • Arn CenedellaPro Member
    OP
    Rental Property Investor · Greenville, SC · Member since 2008 · 786 posts · 1k+ votes
    6y

    @Caleb Bryant

    I am in contact with SVN. Happy to know they are a market leader in this space.

    I will reach out to you privately.

    Will be in Huntsville Nov 13 to 16.

    Thanks,

    Arn

  • Rental Property Investor · SAN DIEGO · Member since 2019 · 69 posts · 38 votes
    6y

    @Caleb Bryant is right.  Huntsville's hotness is out and the owners know it.  Try looking outside to the surrounding counties in addition to Huntsville.  Madison and Limestone.  

  • Arn CenedellaPro Member
    OP
    Rental Property Investor · Greenville, SC · Member since 2008 · 786 posts · 1k+ votes
    6y

    @Nic Cooper

    Thank you.

    I will look as far west as Decatur.

    I don't mind buying into a hot market. The initial numbers may not be as good but long term they will get better.

    I suspect the strong demand will continue.

    Strong population growth will drive rents.

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