I started investing in Birmingham last year. Bought 5 houses in need of rehab for the purpose of holding and renting to Section 8 tenants.

I'm located in NY. I've had some issues with the main contractor that was supposed to do the rehab work within about 3 months. As of right now, only one house has a tenant. The other four are in the various stages of rehab (2 almost ready - should be by Monday/Tuesday, one up to punch list items, and last one will probably done next month).

What investing have you been doing in Birmingham?

If anyone is interested in some wholsale deals in Birmingham let me kow what you prefer and your rate of return you are looking for. I usaually get properties way below the ARV

TopChoice Home Analysis
Cornell James
205-370-3112

MY bad for posting my number on the board . I am new to this and its a lot of rules on the board did not mean to solicit.I have read the rules want happen again

am in birmingham doing rehab -- if you need so assistance send me a email

I'm in th e Birmingham metro area 

I am under contract on my first property in Birmingham. Acquired through Roofstock. Looking out for Property Managers currently. Please let me know if you have recommendations. I would also be interested in buying more properties so any recommendations and ideas are welcome. 

@Prashant Kamath

Have you find any good PMs? I. Myself am investing in Birmingham and in need.

@Prashant Kamath @David Saget check out @Mark 

@Mark Byers at signalrents.com

For anyone interested in investing in the Birmingham, Alabama metro market take a look at The Ultimate Guide to Grading Birmingham, Alabama Neighborhoods. In it I worked with one of the largest property manager's in Birmingham to grade all of the neighborhoods in the metro area on an A-F scale so investors can assess the level of risk with a particular property.

 Yes! I buy and sell here. Love the low taxes and good cashflow! 

My pm us awesome!! Dm me  

@N/A N/A I’m here in the ‘ham with a few rentals that I own/manage. Have managed rentals for others as well. I also do photography for owners/agents. Looking to get more active renovating/buying in the suburbs over the next 12 months. Would love to get together with other investors in Birmingham this fall. I see I just missed a meetup.

@Dawn Vought oh wow. That’s a bummer. I own a few rentals In the city. East lake and Avondale . Looking toward the suburbs for my next deals. I’m sorry your contractor did you wrong. That’s the worst.

@James Wise

Thanks for posting this. I was just in Birmingham visiting with Spartan Invest a couple of weeks ago. They seem to be one of the more legitimate turn-key providers not just in AL, but also in the entire US, they are a very professional and well-run business.

I ended up going under contract for a townhome on the MLS, but do plan on investing with Spartan, at the time just limited inventory but nice properties! The MLS also has some gems, you just have to dig and get your boots on the ground. I drove to about 40 properties over a 3 day period in all of the neighborhoods on this list to narrow down to about 10, including 2 from Spartan that went under contract before I acted.

This guide really helps out and I’m now feeling much better about the spot I found in Grayson Valley. Rob Drum is my realtor, he’s been awesome so far! Thanks again James!

Hey Prashant - how is the rental going? have you been happy with Rfstock? Currently in talks with them. Could I PM you with some quick questions? thkns - hope things worked out well. 

@Grant Tallmadge - hope it's going smoothly. Also looking at those areas. Can I ask...what made you focus in on Birmingham over the other well-publicized hot areas like Indy, St Louis, Atlanta. I'm just interested in how people make that last leap to 1 area. Like you, I think i'd like to fly there and take a few days to look around before I commit, but with FT job and family, I can realistically only do 1 trip. From your research, why should I concentrate on Birmingham and book a trip there?

for context - newbie, 42, looking for simple BRRRRs in decent areas, solid tenants with some appreciation potential, but more long term view - not so fussed about cash-flow in short term. quick and simple rehabs for boost in apprisal value desired to dip toe in the BRRRR approach, but nothing major. Will need to deal with contractors i have no experience of remotely. Any advice on areas? looking at <150k properties. thanks

Sure. @David C.. You can PM me and I will answer your questions to the best of my knowledge. Thanks

@Prashant Kamath - Hey, I am under contract purchasing with Roofstock for a property in Grayson Valley too! @Grant Tallmadge. Anyone used gkhouses as their PM? I am very skeptical about them but Roofstock says that the rent guarantee applies only if I used Gkhouses (which is their preferred PM) 

Any insights or tips is highly appreciated! 

Thank you everyone!

@Vinith Kumar Sridhar

Hope you are not buying in the Birmingham school system. That will depreciate your property value. Good luck. Jp

@David C. have you had any luck so far? I'm looking for some good BRRRR opportunities there as well

@David Chriswick if you decide to invest in Alabama I am a remodeling contractor please let me know if I can be of any assistance to you. Or any one looking for a rehab/remodeling company

Thank you I’m advance

Michael

No problem man. Glad you found value in it. Hope things are working out for you down there in BHam.

I am considering purchasing property I found on Zillow in Calera area. Are there any downside of working with seller agent directly or should I look for local agent to represent me? Any tradeoffs? Thanks

@Dilip Champaneri

Assuming the listing agent is ethical and competent, the only downside is that no one is looking out for you specifically.

If you are experienced and really know the market, that won’t matter too much.

The good thing is that, if you decide representation would be helpful, It doesn’t cost you any more than not having it.

Looking to purchase a single family home in Southside, Birmingham. I was wondering if anyone knows if there is a limit to how many people can live in one home or per room that are unrelated? Also, do you need a business license when investing in Birmingham?