All Forum Posts by: J Benoit

Tired of Turnkey prices creeping higher? Tired of wholesalers or middlemen who don't know what they are doing? We keep our investor prices down so our investors are successful in the long run. Check this one out and get your BRRRR on!

Located in a solid B class neighborhood this house has been 100% renovated and brought back from the dead.  New lifetime metal roof, new HVAC is scheduled to be installed, fresh paint in and out, and so much more!  Rents are expected at $800+.  The property is managed by Decas Group, an Alabama brokerage specializing in investor activities.

Come network with like-minded individuals this June 19th.  Provided we don't have any rain, we'll be in the courtyard.  If we get some rain, we'll be in the front section.

Bring your deals, come network, be ready to grow!

https://www.meetup.com/Birmingham-Real-Estate-Inve...

Come hang out with like-minded real estate investors May 15th. We'll be at Carrigan’s Public House at 6:00. Bring your deals if you have any to present to the group. See you there!

@Joseph M. yes they do.  I do handle all of the on the ground items including the rehab.  Please PM me and we can go into details.  I don't want to push my products or services on the public forum.  Thanks for asking :-)

That is exactly my point.  I still stand firm that my grading of neighborhoods is different than yours due to that exact reasoning.  Some areas are multiple classes and some, in my opinion, are at a different level than your opinion.  I'm not trying to call you out or say you are wrong.  I just want people to know this is not 100% how these neighborhoods are defined.  The BP community relies pretty heavily on this site.

@Jason Cory I think your article is a good reference for those who don't know Birmingham but I do still disagree with a lot of the order.  You are right that agents and appraisers and I would even add in there that investors all have their own opinions on market analysis.  I'm just voicing mine as I have worked in these areas for 15 years.  It's important that people don't read this and think that is the way it is without question.  

Yes, I work in almost all areas of Jefferson County so I'm very familiar with how an A compares to an F.  However as mentioned, my order of properties is much different than yours.

@Jason Cory I appreciate the effort that went into this article, however, I do disagree with your ratings.  Not to go into detail but please tell me how you can generalize so much of an area that is the 2nd or 3rd largest city in our metro as a Class F when houses in that city can be sold for over $100,000?  There are some good placement here but there are many that really need to be revised.

Like everyone else, I've never heard of them in Birmingham AL. I have been working with my clients and we have been successful with the BRRRR model. In fact, it's all I'm doing right now. I stopped the Turnkey a few years back because I saw the market getting hotter and realized my investors were not getting the returns they should be getting. For a company like ABC to provide rent guarantees and warranty work on repairs done I can't see how the BRRRR model would work. It has to be financially fit and those extra perks they provide are not cheap or free.

Good Afternoon All!

We will be meeting at the Red Hills Brewing Company tomorrow at 6:00. Come with your deals, needs and or stories to share!

Please sign up here so we can track our numbers

https://www.meetup.com/Birmingham-Real-Estate-Investors/events/pldnrlyxfbbc/

Happy Saturday all!

We will be meeting at Good People Brewery next Tuesday at 6:00. There will not be a speaker so please come prepared to network and promote your deals and/or advise the group about what you are in search of.

Please RSVP here so we can advise Good People how many to expect:

https://www.meetup.com/Birmingham-Real-Estate-Investors/events/pldnrlyxdbbc/

Have a great weekend

J Benoit