All Forum Posts by: Dave Williamson

What was the main thing that made you not invest with them? 

Limited capital, and I invested in a few properties instead 

3-6 months vacancy during turnover seems to be the norm in Center Point from my experience owning a dozen properties there for the last four years. 

Has anyone else been noticing a slow climb in vacancy rates for Center Point properties (35215 and even parts of 35235)?

The time to lease and vacancy have been higher than expected for 2019 based on my experience from the last few years. I also see far more properties available for lease than I have noticed in the past which has me fearing over saturation.

My sample size is the dozen properties we own over there so I’m not certain if it’s our strategies or the market as a whole.

-Dave

Keywords: Birmingham, Alabama, lease, vacancy, rent, buy and hold

I did not buy in Woodlawn. Last time I drove through the area, I would still call it a D-F neighborhood (it’s been a few months). There were a significant % of vacant properties and burnouts.

@Linda Hastings I did not end up investing in parcels, but I have kept up with the company + newsletters, and they still seem to be thriving

Could you send over more information? [email protected]

Valleyview Circle in Adamsville. I don't mind rural so long as there is tenant demand.

- Dave

Does anyone invest in or around Adamsville? I have a wholesale opportunity on the property where the numbers could work nicely, but I am not as familiar with the area. The location seems to be more rural than my other properties.

Are there long vacancies between tenants out there? Are there enough quality tenants?

Thanks!

@Zach Smith let's go to this meet up on the 27th