Hello gang. This little gem in Alabama just fell in my lap. A seller is looking to get out of their house ASAP. The mortgage is 4.8%, $50k left on the note, seller wants $25k and to be free of the place. I'm new to this and have read up on Subject-to, Assuming loan, hard money, etc. My thought is...
Hi all, I'm an OOS investor looking in Birmingham. I'm currently debating between a few different legal structures and would love some advice from attorneys, CPAs, or other investors. Ideally I would like to have a Wyoming LLC with individual Alabama LLCs under it containing properties up to 500k...
In 2019 my company, Anderson Realty Group, bought a house in Jefferson County from the State. The owner had stopped paying taxes in 2015 after a fire gutted it, and the State picked it up at the 2016 tax sale. When we got it, it was uninhabitable. We put $88,812 into it — framing, roof, wiring, p...
Hi everyone, I’m looking into investing in single-family rentals in the Birmingham, AL area and potentially focusing on Section 8 rentals. I’d appreciate real-world feedback from anyone familiar with the market there. Section 8 Demand: How strong is the demand for Section 8 rentals in Birmingham/...
Hey everyone, I've been listening to the Bigger Pockets podcast for a few months and am excited to finally join the community and meet some great like-minded investors. As of today, I own and live in a single family home and am looking to learn a lot in 2026 to hopefully transition my home into m...
Hi everyone! I’m Lee Allen, and I’ve been lurking on the forums and listening to the podcast for a while—finally decided to jump in. I’m based in Birmingham, Alabama, and am currently focused on house hacking. My goal for the next 12 months is to acquire several coliving properties. I’d love to c...
I'm hoping someone here has dealt with a difficult REO acquisition. I'm trying to purchase the neighboring property before it's listed. A deed in lieu of foreclosure was recorded (3 years after actual foreclosure. I wonder if my poking around brought attention to it) and the loan servicer (Nation...
I am just finishing up a rehab and its about time to get my hard money lender paid back, and get the money I put into the deal back out to rinse and repeat. The property is in my LLC and I am trying to figure out if I want to do a DSCR loan or do a commercial cash out refi. I don't really know mu...
Would like to improve cash flow on 5 SFR, thanks for help.
Hi all, Is anyone having any issue with Decas Group in Birmingham? I have used Decas for a couple of years without issues. Typically, Paige and her team are very responsive. However, in the last couple of months I have been struggling to get a hold of them. They seem to be ghosting me. Not sure i...
HI everyone, I am a new investor and new to the community and just like many of you I have decided to take the leap into Financial Freedom. I currently live in Tucson, Arizona and have been looking to invest out of state. I look forward to connect with you all and be of help the best I can. On an...
Has anyone worked with Matthew Fears/Doorstack Freedom? Curious if people have reviews doing BRRR with their team.
hi y'all, starting to invest in the Birmingham area and trying to find a decent property management company for lowerincome housing. I was just about locked in on using Evernest. But starting to second-guess that decision after reading through pages and pages of reviews I'm starting to think it m...
Hello everyone, I am looking to invest in the Birmingham area. Does anyone have a recommendation for a good property manager in the Birmingham area? I want someone who is pretty responsive throughout the home buying process also.
I'm flying into Birmingham in October to scout deals, so I pulled every single family home listed under $200K on Redfin (350 listings) and ran them all through my BRRRR underwriting model before booking a single property tour. Zero passed. 13 came close. Here's the breakdown. My assumptions (same...
Our PM has gone MIA, so we need a new one. Blueprint called me through Bigger Pockets referral finder program. If you have experience with them handling your rentals I'd appreciate your thoughts (here in the forum or a call, whichever you prefer). Thanks.
For those of you purchasing rental properties what are your criteria? Single-family rentals Townhomes Multifamily Turnkey Value-add What markets and price points are you targeting? Are you purchasing with cash or are you financing? Curious to hear what other landlords are looking for and what mak...
For those who have already purchased their first rental property, what is one thing you wish you knew before buying? I’m especially interested in lessons around analyzing the numbers, financing, property management, and choosing the right market. Would be great to hear what experienced investors ...
Horrible management. Maintenance issues are ignored. Kathrik does not respond to phone calls or email. Unit infested with roaches.