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Orhi Tahi
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Help me evaluate Birmingham,AL deal

Orhi Tahi
Posted Mar 26 2024, 20:30

Hi All,

What are you thinking on this home for investment:
https://www.zillow.com/homedetails/1038-Colonial-Ave-Gardendale-AL-35071/913150_zpid/?

Its meeting 1% but not sure about the location and interior work. Appreciate Alabama investors advice.

Orhi

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Nicholas L.
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#4 Guru, Book, & Course Reviews Contributor
  • Flipper/Rehabber
  • Pittsburgh
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Nicholas L.
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#4 Guru, Book, & Course Reviews Contributor
  • Flipper/Rehabber
  • Pittsburgh
Replied Mar 27 2024, 04:58

@Orhi Tahi

have you seen it in person, or has someone in your network seen it in person?

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Robin Simon#1 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
  • Austin, TX
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Robin Simon#1 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
  • Austin, TX
Replied Mar 27 2024, 06:17
Quote from @Orhi Tahi:

Hi All,

What are you thinking on this home for investment:
https://www.zillow.com/homedetails/1038-Colonial-Ave-Gardendale-AL-35071/913150_zpid/?

Its meeting 1% but not sure about the location and interior work. Appreciate Alabama investors advice.

Orhi


Assuming this would be a BRRRR (do renovations first?) - your team/ability to do the rehab probably most important factor here

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