All Forum Posts by: Shane Dreffs

Quote from @Andrew Trevino:

Hello, I've had a property in the Graysville area for about 4 years, and the last year has been an absolute nightmare with my current property manager due to it being almost impossible to get in touch with anyone or get responses to emails. I am an out of state investor and this headache has been going for too long. 

I want to know what your recommendations for Property Management Companies in the area?  

 @Andrew Did you have any luck finding a property manager? 

They advertise quick close and 100% financing for hard money, but they are extremely slow, extremely poor communications and they don't seem to understand appraisals. They have hidden fees and costs they don't tell you about. I will probably lose a really good investment property right now with them because of the above issues, and they really don't care about their customers, it just a numbers game to them. They seem to spend a lot on FB advertising but if they spent the same money on training and customer service, I think they would do much better. I would not recommend using them, I have been much happier with Dominion Financial Services.   

It all depends on your expectations; do you have a number or percentage profit you are trying to achieve? I would get at least 3 quotes for the work to be completed and have a solid scope for expectations (quality of finishes, timing, etc) to ensure realistic numbers and check references. Also, I would confirm the ARV is correct, have an experienced real estate agent perform CMA and not only recent sold but under contract and current listed prices. Check days on market and make sure there is room in the budget for holding costs and commissions if you are flipping and include about 10% contingency. The more effort / time you spend up front the more chance for successful project.

I'm still looking to add more great partners! The Birmingham (and surrounding area) market is still very strong. I have residential and commercial opportunities. If this area is something you have been interested in but feel you don't know the market good enough or you want boots on the ground, please contact me!

The property is near Birmingham Alabama 

Hello, I have an opportunity to purchase a lakefront RV park, with a ton of upside potential. But I am hitting a roadblock when getting financing, the current owner is old school, and he didn't keep any financial records. The park is full right now with long term renters, they keep their RVs at the park and come in on weekends and holidays, etc. There is a 1200 sq ft building (the owner is currently living in) that I will turn into a short-term rental. There is a paid boat launch, fuel, ice and vending sales that is not currently advertised (only word of mouth). The potential to increase the revenue is huge, but to qualify for a loan the bank needs to see the financials (P&L, tax returns, etc.)

What are some financing options for a situation like this? (The owner will absolutely not owner finance). 

Hi Brian,

I would like to look at your opportunity, please call 205-913-7997 or send a message on here to connect. Thank you

Quote from @Jordan Wolff:

Hey everyone,

I'm an active out-of-state investor focused on the Birmingham, AL market. I'll be in town from June 28th to July 4th and I'm looking to connect with local professionals who understand the BRRRR strategy, Section 8 requirements, and have deep knowledge of the best (and worst) zip codes and neighborhoods to target. My goal is to continue acquiring and renovating about 2 properties per month.

Here’s who I’m looking to meet:

👉 Contractors – I need reliable, experienced contractors who can handle full rehabs and understand Section 8 inspection requirements. I value contractors who are detail-oriented, can stick to budgets and timelines, and have experience working with investors on multiple projects. Familiarity with the nuances of Birmingham’s housing stock is a huge plus.

👉 Real Estate Agents – I'm seeking agents who live and breathe Birmingham, know the prime zip codes (and streets), and can help me identify properties that make sense for BRRRR. I especially need an agent who can spot high cash-flow opportunities and negotiate effectively on my behalf. Off-market experience or strong local networking is a plus.

👉 Property Managers – I’d like to build relationships with property managers who understand the Section 8 process and can help me place tenants quickly and manage my portfolio efficiently. Experience in managing rentals in my target areas is essential, especially with an eye on maintaining high occupancy and keeping maintenance costs under control.

👉 Wholesalers – I'm looking to connect with wholesalers who specialize in off-market deals and understand what makes a property a great BRRRR candidate. I need someone who knows how to find properties in the right zip codes with enough upside after rehab to make sense for cash flow and long-term equity.

👉 Private Money Lenders – I’m interested in building relationships with private lenders who are comfortable funding rehab projects in the Birmingham area. I’d love to discuss terms that can help me scale quickly and efficiently as I continue to expand my portfolio.

If you’re a pro in any of these areas or know someone who is I’d love to connect while I’m in town. Let’s grab coffee or hop on a call to see how we can work together.

Thanks so much in advance! Looking forward to connecting with the Birmingham investor community!

Hey Jordan, I am a licensed contractor, and licensed real estate agent. I know the areas that are appreciating, good for rentals and the areas to stay away from in Birmingham and surrounding areas. I also have connections with hard money lenders. I live, buy / sell, invest and rehab in Birmingham AL, and experienced in the BRRRR method. I would love to connect and discuss the possibility of working together. 

I look forward to connecting.

Thank you, Shane Dreffs 

Sounds like a good investment. What is your COC and cash flow?

Quote from @Christopher Ray:

Hey, new investor in the Birmingham area. im always looking to learn and speak with other investors. 

 Hi Christopher, I live and invest in Birmingham area.