Questions for Birmingham Alabama investors

[Steve Bale]

I am considering picking up two properties in Birmingham Alabama, 35221 area. How fast/slow are you seeing things rent in the C and D neighborhoods? Does anyone have an approx. vacancy rate for their rental properties in 35221 or surrounding areas? 

I have feedback from realtors and property managers in the area but I would like another investors input - ideally, someone who is familiar with the area.

Any and all input is always greatly appreciated. 

- Steve

[Spencer Sutton]

This is going to be a D neighborhood, in my opinion.

From our experience, you can rent a house in these neighborhoods fairly quickly (average 3/4 weeks) as long as you don't have a product or price issue.

Product - your house needs to be in good condition

Price - you should be asking for market rent

If either one of these is off, you will either have little to no showings (price issue), or you will have people look but not fill out applications (product issue).

Best of luck to you!