New BP member - Buy & Hold investor in Huntsville, AL and Hopkinsville, KY

7 Replies

Hello friends,

Jason Gilliam here, 37 y/o engineer by trade, but striving to become a full-time real estate investor at some point in the future. Currently I own 2 SFR properties in Huntsville, AL (actually closing on #2 later this month!). After stumbling upon the BP podcast while on travel last week, I became obsessed with learning as much as possible. I've listened to dozens of the podcasts, this site is great.

While I live in Huntsville, AL and am currently investing here, I'm actually interested in acquiring properties in my hometown of Hopkinsville, KY.  The rent:price ratio seems to be more lucrative there, and 3/2 homes can be purchased at lower costs.  While I've had good luck with finding quality tenants for my Huntsville properties, it's hard to get more than a 1% rule for rentals (on properties between $100-150K).  From the research I've performed, my hometown seems to have plenty of properties available, a stable demand for rent, and a more lucrative ratio.  Plus, it's only 3 hours away and I have a large network of friends and family to assist if need be. 

I look forward to networking with each of you on my journey!
Jason Gilliam

Marko Rubel
Get Deals 100% Funded – No Credit, No Banks, No Job Verification
New Unlimited Funding® program for investors: low-interest, without banks or shark lenders.
Check availability

@Williams Byrd , No, I haven't purchased any property in Hopkinsville, I've decided just to buy more property around Huntsville where I live now.  My family still lives in Hopkinsville, in fact my brother lives on just off Pembroke Road!  Let me know if there's anything I can do to help

Free eBook from BiggerPockets!

Ultimate Beginner's Guide Book Cover

Join BiggerPockets and get The Ultimate Beginner's Guide to Real Estate Investing for FREE - read by more than 100,000 people - AND get exclusive real estate investing tips, tricks and techniques delivered straight to your inbox twice weekly!

  • Actionable advice for getting started,
  • Discover the 10 Most Lucrative Real Estate Niches,
  • Learn how to get started with or without money,
  • Explore Real-Life Strategies for Building Wealth,
  • And a LOT more.

We hate spam just as much as you