We have been helping investors purchase about 100 houses every year for the past few years in Montgomery. Rents are catching up with the all-in home prices. We can still get really close to the 1% rule.
We have been helping investors purchase about 100 houses every year for the past few years in Montgomery. Rents are catching up with the all-in home prices. We can still get really close to the 1% rule.
We have been helping investors purchase about 100 houses every year for the past few years in Montgomery. Rents are catching up with the all-in home prices. We can still get really close to the 1% rule.
Hello Greg how are you? If you still have some potential deals in Montgomery with the 1% rule, please let me know. I am trying to get some but looks very difficult at this time.
I just started investing in the MGM market late last year and it's been OK so far. I have built a great team of a PM/Agent (Greg Parker from this thread and A3 Realty) rehab and lenders and I am looking forward to acquiring more. It has been tough to find properties off-market where the BRRRR rule is able to be applied, but there's some good ones out there if you're willing to leave a few $k in the deal. I do this from out of state so Im a few days behind everyone else there, so I try to analyze properties quickly and utilize my team to be my eyes on a project. Rent seem to be a little higher than Birmingham and the houses are a little larger as well...easier to find 1500 sq ft houses in C areas which cash flow.