Out of State Investing in Birmingham Alabama Tips Tricks ?

Out of State Investing in Birmingham Alabama Tips Tricks ?

Edison, NJ · Member since 2014 · 80 posts · 19 votes

I am out of state investor looking to purchase in Alabama, market by me to much competition so i just care about cash flow.  Does anyone know where i can start ?  Looking to connect with local groups if things work out im sure id just move out there.  Just trying to be a sponge for the first few weeks!

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Rental Property Investor · Huntsville, AL · Member since 2015 · 401 posts · 309 votes
5y

Check out @Rob Drum 's market watch videos for the Birmingham area to get a feel for the market. There are also resources on here to get an idea for the specific submarkets around the city. Just know bham can be pretty block by block so you always need to do your due diligence. 

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  • Rental Property Investor · Huntsville, AL · Member since 2015 · 401 posts · 309 votes
    5y

    Check out @Rob Drum 's market watch videos for the Birmingham area to get a feel for the market. There are also resources on here to get an idea for the specific submarkets around the city. Just know bham can be pretty block by block so you always need to do your due diligence. 

  • Real Estate Agent · San Pedro, CA · Member since 2019 · 253 posts · 128 votes
    5y

    Alabama has a few markets that are popular with out of state investors. I'd start by narrowing it down to the market you'd like to buy in, then start reaching out to Agents and Property managers to build a team. I'm buying in Birmingham from LA, feel free to reach out if you ever want to discuss.

  • Rental Property Investor · New York, NY (nyc) · Member since 2021 · 39 posts · 18 votes
    5y

    I’ve listened to almost all of them, and have learned A LOT.  Thanks for putting them out!

  • Edison, NJ · Member since 2014 · 80 posts · 19 votes
    5y

    @Spencer Sutton I will def take a listen thank you !

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