Looking to invest in Huntsville, AL

Looking to invest in Huntsville, AL

Realtor · San Luis Obispo, CA · Member since 2019 · 22 posts · 28 votes

Hello, BiggerPockets Community!

My name is Eryka- I am a fundraising professional in California; my boyfriend and I are looking to invest in Huntsville, AL. We have a trip booked in May to visit and would love to connect with investors, agents, and property managers to find people to work with and alongside.

Are there any property managers that you’ve had a good experience with, who work well with out of state investors?

In terms of investing, we are looking for buy and hold & BRRRR investment opportunities.

We’re planning on spending a few days in Huntsville checking out properties and neighborhoods to get a better understanding of the environment. Any investor friendly agents other investors recommend? We’d also love the opportunity to take some local investors out to coffee/lunch and talk real estate.

Thanks! Look forward to hearing your insight and feedback!

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Investor-friendly agents in Huntsville, AL

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Rental Property Investor · Santa Clara, CA · Member since 2013 · 2 posts · 1 vote
6y

@Gorden Lopes Hi Gorden, would mind adding me to the SF Bay Area out-of-state investors group as well?  I'm also in the Bay Area and would be very interested in meeting other locals with the same interest.  I've already sent you a DM.  Look forward in connecting!

@Rebecca P. I first heard of Huntsville when I doing research on Birmingham and Montgomery.  Huntsville began to grab my attention when I then saw it being mentioned on the BP forums and where one local of the metro area had recommended Huntsville over Montgomery and Birmingham.  Being from the Silicon Valley area of California, the STEM industries in Huntsville seemed more familiar so I naturally gravitated towards it.

I'm also looking for any referrals on property managers, as well as real estate agents.  Thanks!

See this reply in the discussion

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  • Rental Property Investor · Fremont, CA · Member since 2016 · 300 posts · 222 votes
    7y

    Hi @Eryka Santoyo!

    I am a fellow out of state investor and can definitely recommend my PM and my realtor! I have been using my PM for the past 8 months and I am happy with them as of now.

    pm me if you have any question and I would be happy to help.

    -Gorden

  • Honolulu, HI · Member since 2017 · 231 posts · 191 votes
    7y

    @Eryka Santoyo

    Welcome to BP!

    I also have some partner recommendations in the area who take investors around town.

    You can also connect with @Zachary C. who runs his own PM company and has been excellent for me.

    Best of luck!

    Kiley

  • Rental Property Investor · Madison, AL · Member since 2015 · 177 posts · 110 votes
    7y

    @Eryka Santoyo

    @Eryka SantoyoI am a local investor.  I personally do my own property management however I do know of some property managers in the area.  I know of some good local realtors here as well.

    -Tim

  • Rental Property Investor · Huntsville AL Ardmore AL/TN · Member since 2017 · 27 posts · 24 votes
    7y

    I do not have any recommendations except for a local title company we love - North Alabama Title. I am curious how the word is getting out about Huntsville -Is it podcasts, advertisements, research, companies that are moving here or something else? We have noticed so many more out of town investors. I just wondered how y'all found out about our growing city?

  • Realtor · San Luis Obispo, CA · Member since 2019 · 22 posts · 28 votes
    7y

    @Gorden Lopes

    @Kiley N.

    @Tim White

    Thank you all so much for your quick responses. I PM'ed you and look forward to chatting further. Thanks again!

    @Rebecca P.

    Thanks for the recommendation- I will definitely look into them! In terms of how I found out about Huntsville, my boyfriend works in the aerospace industry and has heard about the growth of the city. We are looking forward to visiting!

  • Rental Property Investor · Huntsville AL Ardmore AL/TN · Member since 2017 · 27 posts · 24 votes
    7y

    Well that makes sense since you are in California. I'd love to connect. I love to talk about real estate and I've been local  to the Huntsville area since I was a teenager.

  • Rental Property Investor · Fremont, CA · Member since 2016 · 300 posts · 222 votes
    7y

    @Rebecca P.,

    I started by looking at turnkey properties in Birmingham and as I was sharing my new found interest in real estate investing with my friends, one friend mentioned that his cousin works in Huntsville and that his cousin loves that city! :) Thats how I got interested in the rocket city and after I visited Huntsville I totally agree with my friends cousin! :)

    This was almost a year and half back! 

    I totally agree with you that the interest in Huntsville has just spiked! So much so that we have a Out of state huntsville investors google group just in San Francisco/Bay Area California! 

  • Huntsville, AL · Member since 2017 · 25 posts · 11 votes
    7y

    @Rebecca Pullen,

    I know David Green has mentioned it on a podcast before.

  • Real Estate Investor · San Francisco, CA · Member since 2014 · 104 posts · 21 votes
    7y

    @Gorden Lopes, How often do you meet up?  I'm in the SF area too.

  • Rental Property Investor · Fremont, CA · Member since 2016 · 300 posts · 222 votes
    7y

    @Edwin L.

    Yes, we have a group for bay area investors who are currently investing in Hunstville. Dm me and I can add you to that group

  • Rental Property Investor · Santa Clara, CA · Member since 2013 · 2 posts · 1 vote
    6y

    @Gorden Lopes Hi Gorden, would mind adding me to the SF Bay Area out-of-state investors group as well?  I'm also in the Bay Area and would be very interested in meeting other locals with the same interest.  I've already sent you a DM.  Look forward in connecting!

    @Rebecca P. I first heard of Huntsville when I doing research on Birmingham and Montgomery.  Huntsville began to grab my attention when I then saw it being mentioned on the BP forums and where one local of the metro area had recommended Huntsville over Montgomery and Birmingham.  Being from the Silicon Valley area of California, the STEM industries in Huntsville seemed more familiar so I naturally gravitated towards it.

    I'm also looking for any referrals on property managers, as well as real estate agents.  Thanks!

  • Member since 2019 · 25 posts · 13 votes
    6y
    Originally posted by @Gorden Lopes:

    @Edwin L.

    Yes, we have a group for bay area investors who are currently investing in Hunstville. Dm me and I can add you to that group

     I'd like to be added to the group as well! My fiance @Phillip Arowosegbe and I are often in the Bay Area; and are currently in Huntsville checking out the market in person. We're very interested in connecting with other investors, and would be interested in joining the next group meeting if our schedule allows. 

  • Rental Property Investor · Fremont, CA · Member since 2016 · 300 posts · 222 votes
    6y

    @Sheila Ongwae

    Please dm me your email id and I can add you to the group.

  • Fairfax, VA · Member since 2018 · 15 posts · 6 votes
    6y
    Hi @Gorden Lopes,
    I am OOS investor and zeroed in on Huntsville lately. I'm interested in learning about your investing experience in the city and the team you are using. I'd appreciate any info you can share.

    Thanks,

    Originally posted by @Gorden Lopes:

    Hi @Eryka Santoyo!

    I am a fellow out of state investor and can definitely recommend my PM and my realtor! I have been using my PM for the past 8 months and I am happy with them as of now.

    pm me if you have any question and I would be happy to help.

    -Gorden

  • Member since 2019 · 8 posts · 1 vote
    6y

    @Rebecca P. I can tell you for me I just recently got into real estate and simply was not liking the areas I was having to goto for a decent deal in Maryland. Being a graduate of UAH I decided to give Huntsville a go as everyone who has ever been there knew it was only a matter of time before that city started exploding on the map. Also helps that I have family in Al.

    @Gorden Lopes Hi Gorden and everyone. Although I live in Maryland, I would love to learn more about your group as I've been following the information posted by you, @Tim White, @Kiley N. and others which has been really helpful in my research on Huntsville. I'd love to chat by DM to see if there is some way we could mutually contribute to each other's goals. 

  • Realtor · Pigeon Forge, TN · Member since 2018 · 230 posts · 111 votes
    6y

    @Rebecca P. My family own 4 Single Family Homes we rent in Huntsville and Madison Al. I think the word gets out about this area because Huntsville has always been a draw for TECH and Engineers. My grandma worked for Redstone Arsenal and has been retired for the past 20 years but the area is still a mecca for aerospace which feeds all the other markets including a new toyota plant. Since I was born here it continues to grow! Our Property Manger is @Carolyn Dietrich rentals. 

    People are sometimes surprised by the high tech industry that is bedrock for the South, having lived in SoCal for 12 years before moving back out this way to TN, It is always fun to introduce friends to the area.  

  • Rental Property Investor · Honolulu, HAWAII (HI) · Member since 2011 · 4k+ posts · 2k+ votes
    6y

    I'm looking out in Decatur as the new Toyota Mazda plant is going in. A lot of under market rents in apartments there with mom and pop sellers.

  • Honolulu, HI · Member since 2017 · 231 posts · 191 votes
    6y

    @Cobalt Blue Thanks for the shout out.  I would highly recommend checking out the posts by @Michael S. @Peter McDonough who frequently share their valued opinions from the ground level in Huntsville.  

    @Lane Kawaoka are you bidding on those Decatur listings?

  • Member since 2019 · 140 posts · 24 votes
    6y
    Originally posted by @Rebecca P.:

    I do not have any recommendations except for a local title company we love - North Alabama Title. I am curious how the word is getting out about Huntsville -Is it podcasts, advertisements, research, companies that are moving here or something else? We have noticed so many more out of town investors. I just wondered how y'all found out about our growing city?

     the rumors travelled half a world away to Israel :).

    ive searched for not so big of a place to invest in the us, and googled "20 best places to invest in the us" (or maybe 50?), and then went from there. I think I was late by two years....

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