All Forum Posts by: Jeff Rightmyer

@Katherine T. I know of a few great homes that have already been renovated, rented and managed. We have a few of our out of state/international clients that often love Birmingham as an option. 

Welcome! Great area to be investing in!

Welcome! Charlotte is a great place for all types of investments. We primarily provide turn key homes with renters in place, property management, and great cash flow already aligned. Fun market to be a part of as I came from DC! Happy Investing! 

@James Paine @Chris Strokes we are Turn Key providers, and have a cast network of contacts for other providers that we work closely with in multiple markets. We have a few already rented, profitable, and cash flowing homes with professional management and updates complete. Inventory has been relatively tight, but we always have a few that are great fits. Our clients are generally out of state or international...and they find charlotte to be a great fit for their portfolio development. If you'd like to chat, just let me know or send me a message. 

We are not located in Birmingham, but have a great network of people that we work with there and we often have our clients who come from all corners of the world to invest in markets like Birmingham. Great cash flow potential there. Our clients that have been investing in AL tend to come from the Northeast or overseas. The numbers just make sense there generally. Happy investing and welcome to BP!

Find FSBO's or link with a lender to start trying to dig into defaulting loans or to-be-foreclosures. Have hard money ready, and have another investor in hand to pick up the contract. Ideally, you just want to be the individual that connects the dots for other individuals.

We own a few single family homes that sometimes attract multiple student renters. To date, nothing bad has happened, and they typically have funds from their parents (or as co-signers to their lease) and we havent had any issues. Our homes are within 3 miles of UNCC. Good cash flow returns, with fair priced homes. 

Truly depends on HOA regulations. I know Lake Wylie and some of Mountain Isle have homes for vacation rentals, with a few showing on Lake Norman. I have not typically seen long term lake front/side lake norman homes without them being priced incredibly high.

I recommend Katie Wethman with KW out of McLean, VA. She is licensed in VA, MD, and DC. She is a number cruncher, and highly analytical. She also invests on her own, and closes 10s of millions of dollars in property each year. She will definitely be able to assist you.

Birmingham is a strong cash flow market and we have had much success with our clients there that are from all over the country and even international. I was a realtor as well who only had worked in residential, but broadening my knowledge and experience in investment portfolios and deals has led myself and my colleagues to gather clients from all corners of the earth and we have seen a great deal of inventory suitable in Birmingham.