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Updated over 4 years ago on . Most recent reply
New investor looking in Huntsville Alabama.
Hello everyone, I am a new investor and am looking at Huntsville Alabama. I am hoping to find property around $50,000 to renovate and rent out. I have watched the success of others I know, and have now put myself in a position to get in. Do you have any advice for me?
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@Nick Mavrakis Huntsville is a fantastic market and has and continues to see a lot of growth. I started investing in Huntsville in 2017 and currently own 16 units across 4 fourplexes in SW and SE Huntsville.
To set yourself up for success, make sure you have a great property management team to help you execute on your plans to renovate and rent out the property. Your property manager will be your key partner as you execute on your vision for the property and can often help guide you and provide insights around renovations needed, investment strategy, how to find the right tenants, and more.
Plus, property managers can also be a great source of off-market deals, since they often have existing clients who are looking to sell their properties.