Investing in Montgomery, AL

[Wesley Whitehead]

Hello everyone, I just visited the Montgomery area and am interested in buying distressed properties, fixing them up, and renting them out. The properties I was looking at are in the 25-30K range, rehab cost would come to around 10-15K. Based of of research of the areas I am looking to buy, the rents are in the $725-775 range. I have met with broker who also provides property management services and who introduced me to contractors in the area so my question is has any else in here invested in the Montgomery market and if so what have your experiences been? V/R Wes

[Robb Colley]

@Wesley Whitehead We have an investor team and PM team. We have an REO dept that usually carrys around 30-40 properties in marketing and 15-30 in premarketing. We offer turnkey properties and a large wholesaler base.