All Forum Posts by: Brian Tunnell

Thanks for your faith in our wonderful city! Although I don't work in single family, I'm happy to be another local knowledge source for you good folks. Feel free to shoot me a DM if you want to talk about anything specific. Of course, if you decide to go down the multifamily path someday, let's definitely chat about that too! Cheers!

If she's taking new inventory, Jackie Semaan at Semaan Realty 205.369.3448 would be my first choice for SFR management. If you're talking multifamily, that's a longer conversation.

Thanks for investing in our city and good luck!

- Brian

In addition to @John Patton's suggestions, I would add Jackie Semaan at Semaan Realty 205.369.3448

http://semaanrealty.com/proper...

I have to second @Lindsay Davis' points about Birmingham and getting a good property manager as early as possible, just from a multifamily perspective.

Small multifamily assets here see the same high CoC that we do in single family. If you're a yield investor, Birmingham continues to have an abundance of excellent opportunities!

As for the importance of the property manager, I can only offer one local perspective. My company, RentMonster leases for over 200 apartment communities here in Birmingham. My partner and I love working with investors, and we enjoy advising them on estimating market rents, loss to lease, expected return on this vs. that renovation choices, etc. However, when it comes time to sign a contract and get to work, we only work for management companies, and only the ones we know are good ones. Many of the best vendors here have the same policy. Of course, there are countless other reasons to find a good management company ASAP. Ultimately, everything just gets a little easier after that piece is in place.

Good luck!

For SFR management these days, Jackie Semaan would be my first choice, if you can get her. http://semaanrealty.com/agents...

Cheers!

Hi Ricky, that's great to hear!

There's a Meetup group called Multifamily Investor Network that has a month Zoom meeting, with some in-person meetings. Right now, the Birmingham people are attending the Greenville, SC group's zoom meeting. We're still a small group right now. It's always informative and fun!

You can learn more about the group here: https://www.meetup.com/Multifamily-Investor-Nation-Birmingham-AL/

In the mean time, feel free to get in touch directly.

Congrats on getting started with this new adventure!

I participate in the Multifamily Investor Network Meetup once a month. It's virtual, and right now the people in Birmingham (and some other cities) are joining in with the Greenville, SC group. I always get a lot out of the meetings and the B'ham people have begun discussing going to an in-person meeting soon. I will likely host here at RentMonster when we get enough people. The next meeting is this Monday after work. Shoot me a direct message if you want to get in touch to discuss. Welcome to Bigger Pockets and congrats on this new journey!

- Brian

I don't know much about SFR but you might try Poythress, Hughett & Mathews. My firm only works in MF, so I can only say that they have been outstanding for us! David Hughett is the partner who specializes in real estate. Good luck!

@Alex Gallegos, Birmingham is a market full of opportunities! There's also no shortage of talented SFR brokers & agents here. I imagine you'll be speaking with some of them soon. :-) If you and your group decide to look into small multifamily, let me know. I'd be happy to help. Congrats on your exciting new adventure! Good luck!

- BT

Yep. What @Scott M. wrote is as correct as it is concise. Well said, sir.