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Updated 10 months ago on . Most recent reply

User Stats

282
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137
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Bryan Hartlen
  • Investor
  • Phoenix, AZ
137
Votes |
282
Posts

Montgomery neighborhood guide?

Bryan Hartlen
  • Investor
  • Phoenix, AZ
Posted

Hi all.  I'm wondering if anyone has come across a guide for Montgomery neighborhoods?  Something similar to the Birmingham one here on BP (see this link https://www.biggerpockets.com/...).  I've searched but haven't found anything. 

Assuming there isn't; can anyone shed light on the Westend / Westgate neighborhoods (south or east of Fairview Ave)?  Is this a C class?  How bad is crime?  On the rise or declining? 

Thanks in advance!

  • Bryan Hartlen
  • Most Popular Reply

    User Stats

    155
    Posts
    92
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    Peter Philando
    • Rental Property Investor
    • Hollywood, FL
    92
    Votes |
    155
    Posts
    Peter Philando
    • Rental Property Investor
    • Hollywood, FL
    Replied

    @Bryan 

    @Bryan Hartlen I'm on my 10th property here and have solidified my strategy for Montgomery. I am exclusively dealing with Section 8 and military tenants. I want guaranteed monthly rents because when I purchase my main focus is cash flow, then equity in the form of added value (renovations, adding extra bedroom, etc). I focus a huge amount of time on tenant screening and providing exceptional property management/customer service. I would also suggest to use the nextdoor app for every neighborhood where you own property. You get to know whats going on, what issues neighbors are having, get service/repair person recommendations. The Police Department (MPD) post update to the app. For example, the first property that brought me to MGM is in Regency Park (I overpaid for property and overpaid for rehab) but I'm cash flowing nicely and property values have gone up. The police department just posted on Nextdoor app that crime is down 29% in that area because of initiatives that they have implemented so now they will be implementing the same things in Capitol Heights. 

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