All Forum Posts by: Brian Taylor

Thanks Gordon!

Thanks for the suggestions Steve. I'll check them out. 

the housing market has been really hot here over the last couple of years.  prices have grown quickly.  A lot of employment growth in the area and strong local economy driving it.

Thank you for the feedback.  That all sounds like really good advice and makes sense to me.  I'll take a look at your article and be sure to properly screen my PMC's.

Hello all. I'm a new investor just getting started in the Huntsville AL market. Does anyone have any property management companies they really like working with here?

Also, what are typical property management prices in this area?

Final question, has anyone ever split property management responsibilities with a company to reduce cost?

Thanks all in advance for your response.

@Alfonso Joseph

I don't have rates yet, but they are offering 15% down and will allow purchase through an LLC.

Hello all.  I am looking at LYNK Capital for financing an investment property.  Has anyone worked with them or have experience with them?  Does anyone have any reviews they can share?  Thanks.

Thanks all for your input.  There are definitely good points for investing in both areas.  Huntsville certainly has a strong job market / economy and is growing fast.  Living here i see that everyday.  Ultimately, I hope to have multiple properties in both these and other markets.

Hello all,  

I'm doing some research in preparation for buying my first rental property.  I live in huntsville, AL.  There is a hot real estate market here right now.  I'm trying to decide whether to invest locally in Huntsville or back in the St. Louis area where I am from originally.  I expect Huntsville has the hotter, faster growing market, but properties may come at less of a premium in the St. Louis area.  I'd appreciate any insight anyone has, either in these markets or between local and out of state investing in general.  Also, if anyone has any metrics they use to decide on a market I would appreciate it if you could share those as well.  Thanks.

Hello Kyle,

Thanks for reaching out.  By metro east I was specifically thinking about O'fallon, IL.  I would definately stay away from the rougher areas in east st. louis.  IL does have consistently higher taxes, although I haven't run numbers on many properties to date.  I'd have to get a good enough price to still allow a property to cash flow.  I was looking at the population growth for O'fallon specifically and it had been growing up to about 2010 and has leveled off.  That did concern me a bit.  I'm open to opportunities around STL on the Missouri side.  I just don't know the areas as well there.  I'm currently trying to decide if I want to invest around STL or near where I currently live, Huntsville, AL.  The market here is extremely hot and the area is growing well.  My thinking was the STL area may have less of a premium on properties, making it easier to cash flow.  How does the market around St. Louis look from your perspective?