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18
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6
Votes
Shakil Ahmed
Pro Member
6
Votes |
18
Posts

BHAM an HSV SFR or MFR investments

Shakil Ahmed
Pro Member
Posted Jun 4 2024, 19:39

Hi - Sorry, if this has been asked before. I'm considering Birmingham and Huntsville area for SFR (3 bed/2 bath)/Duplex. Is there top level pros/cons? Is there neighborhoods to avoid? Looking mainly Class C or Class B properties - professional, students, small family renters target.

Also, there seems to be high risk of tornadoes/high winds - looked around for data. Does anyone have insight? Would appreciate it.

I'm also looking to build a local team to help and work with. Please direct message me.

User Stats

424
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617
Votes
Michael S.
  • Huntsville, AL
617
Votes |
424
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Michael S.
  • Huntsville, AL
Replied Jun 16 2024, 11:10

@Shakil Ahmed - would stay away from MFH in Huntsville right now - market is saturated with them at high prices.  You're likely better looking in Birmingham right now if you want cash flow.

I mean, we get tornadoes here for sure.  I was here during the 2011 tornado outbreak, which was pure chaos (google "2011 tornado outbreak" if you're curious).  Just like Florida gets hurricanes, California gets earthquakes, and the northeast gets ice storms.  Not sure what information you are looking for with this question. 

User Stats

18
Posts
6
Votes
Shakil Ahmed
Pro Member
6
Votes |
18
Posts
Shakil Ahmed
Pro Member
Replied Jun 21 2024, 10:33

Thanks @Michael S., appreciate it. Any recommendation on agents to work with for BHM?

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