Real Estate Broker · NY/NJ/PA · Member since 2024 · 9 posts · 2 votes
Hi All!
I just took a leap and bought. my first two investment properties in the greater Huntsville area as a out of state investor! Would love to touch base with other ltr investors in the area!
Huntsville, AL · Member since 2018 · 577 posts · 864 votes
2y
@Jane Trust Ryan - congrats on your purchases. What zip code(s) are your properties located? Based on your comment, are you having issues with getting them rented?
Real Estate Broker · NY/NJ/PA · Member since 2024 · 9 posts · 2 votes
2y
@Michael S.. They are both in 35613. I have only been listed a week so I am certainly not in panic mode by any means. I also think I am dealing with August in general.... and as a northerner miscalculated the start of school in my head. I definitely missed the get in before school crowd
Huntsville, AL · Member since 2018 · 577 posts · 864 votes
2y
@Jane Trust Ryan - interesting - did the individual who sold you the properties market these as "greater Huntsville area"? Because they are squarely in the Athens / Limestone County area, and not even in the same county as Huntsville.
Now, that said, your location is still good as Athens is a growing area and I've heard positives about it from other investors - however, we do not invest there at all (we don't have anything west of the city of Madison), so I honestly couldn't give you any feedback on the rental market there. Sorry. Good luck with your properties.
@River Sava - correction - it "was" a hot market to invest in until 2024. Not anymore.
Welcome to Huntsville and the world of real estate!
I’m active in Huntsville and manage about 2,000 turnkey properties in Alabama for out of state investors. Let me know if you have any questions—I’d be happy to serve as a resource about the area!