Doing my Due Diligence in Market Research for Birmingham!

[Chris A.]

Hello Everyone!

I am new to BP here but am hoping to learn as much as I can and down the line contribute my own knowledge and experience. I am currently looking at investing in the Birmingham Real Estate market and have been doing some independent research, but thought I would reach out to the community for some insights into this market. Thank you in advance for all your help!

Cheers,

Chris

[Shawn Ackerman]

@Chris A. When searching for a market I almost settled on Birmingham however I had a difficult time building a team and getting sufficient information on the public record.  I'm a wholesaler naturally and at the time I wanted to build my rental portfolio simultaneously so Birmingham didn't do it for me.  I eventually settled on another market where cash flow is king and property information is readily available!  Keep searching for the answers my friend and the information will come to you.  One more thing to add, Purchasing turnkey rentals in theory is a good idea however you will pay a premium for the service.  Many times you will be purchasing property at or very close to market value.  Now if you have a war chest and can afford to leave 25% of your money into each deal then your a better man than I.  I was always taught to never rely on others to do something for me that I can do for myself.  And with that said I've built my own real estate team, source my own deals at deep discounts.  Always remember to persist and you will WIN!!!