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Updated over 5 years ago on . Most recent reply

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19
Posts
5
Votes
Sondra Lovett
  • Investor
5
Votes |
19
Posts

Birmingham, AL (Tarrant)

Sondra Lovett
  • Investor
Posted

Hi all - under contract for a 4-plex in Birmingham, AL in Tarrant (35217) and new to this market. My partner and I are looking for cashflow and need to start putting together our team, particularly a property manager. All recommendations appreciated. 

Most Popular Reply

User Stats

302
Posts
148
Votes
Bryan Hartlen
  • Investor
  • Phoenix, AZ
148
Votes |
302
Posts
Bryan Hartlen
  • Investor
  • Phoenix, AZ
Replied

There are opportunities in Tarrant but it’s like many zip codes in Birmingham and depends on what neighborhood. We have a property that we’re flipping. It started as a non performing note, and after consulting several property managers we decided on a flip because (i) Tarrant taxes / licensing on rentals is not nearly as friendly as Bham neighborhoods and (ii) it happens to be in a neighborhood where property values are higher than many of the other section 8 class C neighborhoods.

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