Birmingham, Alabama! Still a secret?

Question

Hello all,

I just got back from Birmingham, Alabama. I currently live in Enterprise, Alabama. A little background, I heard about Birmingham about two years and from a buddy of mine who grew up in Portland, Oregon. When he spoke of Birmingham, he said it looked and had a Portland feel from before it became the expensive Portland we all know today.

Two years later I am now starting my real estate investing career. I thought back to that conversation, so my wife and I decided to head up to Birmingham for the weekend to have a look for ourselves.

Wow, it is Portland! We have been to Portland twice before because we love it there. Little did we know there is a Portland growing here in Alabama! It’s very much in its infancy of becoming the city it is trying to become, therefore there are plenty of investment opportunities there.

The point of this post is to share how awesome Birmingham is for investors and to potentially open up the floor to investors, lenders, contractors, agents, and property managers to interact.

V/R

Victor Colon

Morris Lucas · Answer

David, May i connect with you on some zip codes as well? Have several properties I have seen that look to be good neighborhoods, and I will be investing remotely from Atlanta.

David Chappell · Answer

what did you decide? If you want to send me the address I can let you know my thoughts on the area.

Gregory Stanley · Answer

My firm does a lot of closings for investors each week for property in and around Birmingham Alabama.  For the last several years the demand for rentals has been so high that even C and D neighborhoods are good rental investments.  with eth world games coming the demand has only increased.  Bars on the windows don't really mean much I think.

Srini Murthy · Answer

Hi Guys!

I am currently looking at a property there, will be remote investing. It looks attractive to me as I am just starting out in my RE investing journey. Though the house and neighborhood looks nice in the pictures, the doors and windows have bars and that concerns me.

What would your expert opinion be? Give it a shot or run for the hills?

Srini

James Wise · Answer

Big Tech boom down there in Bham right now.

Gregory Stanley · Answer

It seems to me Greater Birmingham Real estate is booming at every price level.  There are still deals in the mid and lower strata because rental is so strong here..