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Updated over 7 years ago on . Most recent reply

User Stats

411
Posts
477
Votes
Rick Martin
  • Rental Property Investor
  • Redondo Beach, CA
477
Votes |
411
Posts

LA Investor coming to Birmingham

Rick Martin
  • Rental Property Investor
  • Redondo Beach, CA
Posted

Hello. I am coming to Birmingham June 15-17 to explore the city, learn about it's investment prospects (both SFR and small multi), and hopefully make some great contacts. It will be a short visit, but hoping to make the most out of it, and get comfortable with it as a place to invest. Feel free to reach out. Thanks!

-Rick

  • Rick Martin
  • Most Popular Reply

    Account Closed
    • Investor
    • Leander, TX
    402
    Votes |
    296
    Posts
    Account Closed
    • Investor
    • Leander, TX
    Replied

    I have a property in Pinson, a northern Birmingham suburb. 

    C class property $70,000 for 1,200 sq ft. 3 bed 2 bath garage, split level built 1975 near Turkey Creek and Jefferson County College.

    Nice area, low crime, full of nature and less than 10% vacancy rate on rentals. 

    Rent my property out for $875, lease is up in June and will be going to $920 a month with a cash flow of over $400. 

    Taxes only about $900 for the year.

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