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All Forum Posts by: Bryan Miles

Bryan Miles has started 28 posts and replied 123 times.

Post: Investing in low income urban areas

Bryan Miles
Posted
  • Residential Real Estate Broker
  • Birmingham, AL
  • Posts 138
  • Votes 43

Hey Steven,

First,  get to know the areas you are interested in, whether that is Birmingham or a city outside of Birmingham. I suggest, you spend time driving the Birmingham area or any city you have an interest in buying rental property.  

Secondly, C areas and D+ areas I would personally consider. Yes, they will probably be a little more labor/time intensive, but, I believe, your return will be greater. Remember, you can get a bad tenant in any class of home.

I would be really careful buying duplexes, triplex or small apartment complexes in C and D+ areas, stick with single family homes. Now, understand, I know very little about multi-family properties.

If you ever have questions, do not hesitate in reaching out.

Bryan

Post: New to the BP community- Birmingham, AL

Bryan Miles
Posted
  • Residential Real Estate Broker
  • Birmingham, AL
  • Posts 138
  • Votes 43

Hey David and Marni,

Welcome to BP. If I can ever do anything for you in the Birmingham area, do not hesitate to contact me.

Bryan

Post: Partnership with step-father (doctor), I'm a realtor and husband is a contractor.

Bryan Miles
Posted
  • Residential Real Estate Broker
  • Birmingham, AL
  • Posts 138
  • Votes 43

Hey Mallory,

I just read an article in regards to LLC formations. You may find this interesting. Let me know if I can ever help. Bryan

www.linkedin.com/pulse/series-llc-banking-craig-lawrence-jr-