I am an OOS investor who has not yet invested in Odenville. Is anyone familiar with the areA/market there? Looks slightly remote, and could be thinking long vacancy.
Thank you in advance for your review! Please suggest edits or comments as you see them.
Hi Patrick, we own a rental in Odenville, AL. we are also OOS investors from NY. We bought it turnkey and it looks like the market there is very good. There's a good rental demand and the property prices are going up. But now after 2 years the tenant moved out and our PM company took a while to even get an estimate, and the estimate came to $4k - the PM is saying their contractor is backed up and that's the only one they could find. Were you able to find good contractors? Are you planning to manage the rental yourself or do you have someone?
@Lana Friedland Hi Lana, since the market is so hot out here most of the contractors are booked for months out. I know a few specific trades personally since moving here (they worked on our house). I would love to share my information with you.
@Lana Friedland hello I’ve seen some turnkey properties in Odenville as well. How as the investment been for you? I’m in the northeast as well and would be an OOS investor. I just have a hard time wrapping my head around something out of state