Updated about 11 years ago on . Most recent reply
Help Understanding Birmingham market
I am considering investing in the Birmingham market and live out of state. From a distance it looks like there are some really good opportunities. I haven't yet visited Birmingham, but want to do so with more education under my belt. I am particularly looking for help from those who live in the area, who have lived in the area, and really know it. I like to know which neighborhoods and suburbs are the best areas for buy and hold investments (with good returns), and which should be avoided. Use a scale if you like of A to D, although it can certainly mean very different things to very different people, so some reason as to why you classify with. Transition areas are also good to recognize.
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Larry on your website you list several Birmingham homes for sale already. How is it that you are selling these to others as investments when you have never visited or are not sure of what the market is like there?