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Updated about 6 years ago on . Most recent reply

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Candice Hill
  • Hoover, AL
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Calera, AL Investment

Candice Hill
  • Hoover, AL
Posted

Hi! I’m new to investing is anyone familiar with the market in Calera for flipping vs rental property ? 

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Denise Evans
  • JD, CCIM , Real Estate Broker
  • Tuscaloosa, AL
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Denise Evans
  • JD, CCIM , Real Estate Broker
  • Tuscaloosa, AL
Replied

Calera is not really a good flipping market because the community is pretty much too new to have very much older product in the marketplace.  It might be good for rentals after the new overpass is completed, but right now its a nightmare even thinking about getting onto 65 at Exit 231.  I don't know school districts, but if Calera residents attend the Alabaster schools, that is a definite plus. Alabaster schools will probably overtake Hoover's, especially with the dramatic decline in sales taxes in Hoover due to the Galleria's declining sales. 

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