Possible property in Alabama

[Jerry Hartnett]

What is the market like in Madison County, Huntsville, AL?

3 bedroom, 2 bath, built in 1965

[Tim White]

@Jerry Hartnett

That property is in North Huntsville, as @John White mentioned, there is not much growth in the area.  For that reason the property values may go down, however the area does bring in decent rental rates.  I know several investors that bring in good returns in that area.

@Brian Reynolds  Outside of North Huntsville, most of the area is growing.  We are seeing the best appreciation near the Five Points/Hospital District and in Madison(due to the strong school system).  An area that I personally invest is 35805 near Lowe Mills and the Campus 805 area.  The area is currently a working class community.  The properties there have nice cash flow and are prime for gentrification as many of the properties are similar to the homes in Five Points area for a fraction of the cost.