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Updated over 3 years ago on . Most recent reply
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Investing in Athens AL
BiggerPockets Huntsville,
I have been saving my funds diligently over the past two years and am almost where I need to be for a pre-approval process. I wanted to see what the forums thought on investing in Athens, AL is? I am very familiar with Huntsville and the sub-markets around there but have not found the time to travel to Athens and recon that market. Does anyone have recommendations, pros, cons, or lessons learned from investing in Athens, AL?
Thank you!
Sincerely,
Josh
Most Popular Reply
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Hey @Joshua McMillion! Athens is, in my opinion, also a good market to invest in. However, it is a bit different than the HSV that we all know and love. You're generally able to get properties a bit cheaper out there and they also tend to cashflow a little better. However, you won't see the year 1 appreciation that you would in HSV. However, I think as a long term investment, the appreciation should only lag a little behind HSV.
All in all, I'm bullish on investing in Athens.
Good luck!