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Updated almost 9 years ago on . Most recent reply

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Wes Blackwell
  • Real Estate Agent
  • Phoenix, AZ
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Birmingham Alabama Real Estate Market

Wes Blackwell
  • Real Estate Agent
  • Phoenix, AZ
Posted

So while although I live in sunny California, I have a close relative who lives in the MUCH cheaper Alabama market, specifically Pelham, about 30 minutes south of Birmingham.

I was wondering if some investors or real estate agents in the area can tell me what the local market is currently like, and what kinds of investing strategies (buy and hold? Fix and flip?) are currently working in the area. Thanks!

Most Popular Reply

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Jarrod Cook
  • Real Estate Broker
  • Southeast
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Jarrod Cook
  • Real Estate Broker
  • Southeast
Replied

@Wes Blackwell Birmingham is a great market for investing. The B & C markets here cash-flow very well so I'd stick with the buy and hold model. The fix and flip deals are there for the taking but the lack of appreciation here sometimes makes the numbers pretty tight making a strong understanding of the surronding neighborhood essential. 

Are you looking to possibly invest over here?

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