Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
New Member Introductions
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 8 years ago on . Most recent reply

User Stats

126
Posts
46
Votes
Jeremy Galloway
  • Real Estate Agent
  • Birmingham, AL
46
Votes |
126
Posts

Newbie in Bham with a Semi Flip under my belt

Jeremy Galloway
  • Real Estate Agent
  • Birmingham, AL
Posted

Good afternoon everyone, 

I wanted to try to connect with investors in the Birmingham Area as soon as I can so figured a post would work the best.  I've been a part of BP for about 3 months and have been consuming both the podcast and the No Money Down book since then.  We bought a house in Roswell a couple of years back before knowing that we would sell it after the birth of our second son.  Moving back to Bham allows us to be closer to family as well as a great real estate market to be physically in.  

As the subject claims, I do have a semi flip. Nothing was wrong with the house but updated a few things that allowed us to have a pretty good profit off the house that we closed on last Friday! House was a 4BR/2.5 Bath SFH built in 1969. Bought for around 225K and sold for 300K. What we do it? Father in law, Brother in law, and myself removed all the parkay flooring/carpet in the downstairs rooms and put in bamboo floating flooring, removed about 90% of a pond and made a seating area, removed a wall between the living room/front room, and put a little lean to house for my 3 year old... all of which was a lot of sweat equity but cost less than 10K. (putting some before and after pics too) Of course a new elementary school helped the prices as well even though our neighbors were sad to see us go they were happy about the price sold on the house.

So what now? I'm looking to connect with other real estate ppl to get things started in Bham. I'm already planning on going to some of the REI meet ups, driving through some neighborhoods to get a good lay of the land, and staying on here/podcast whenever I get some free time. Would like to do a couple more flips in the area and then turn to buy and holds for long term. Love to hear any feedback or question! OLD AND NEW PICS (semi flip)

  • Jeremy Galloway
  • [email protected]
  • Loading replies...