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All Forum Posts by: John Hodge

John Hodge has started 2 posts and replied 3 times.

Market Trends & Data

Post: Homewood, Alabama. What’s this area like??

John HodgePosted
  • Investor
  • Minneapolis, MN
  • Posts 3
  • Votes 1
Quote from @Michael Panik:

Certainly depends on which part. There's a very nice, B+ side and an industrial park/low rent C-/D side. Very much depends on the area of Homewood. East of Greensprings Highway and south of Valley Ave is nice, especially as you approach Edgewood and SoHo. West of Greensprings, north of Oxmoor is very hit or miss. Would be happy to provide insight on specific properties.

Thanks for the tips! 

 How about around the Waldrop stadium?

- John

0 Votes
Birmingham, Alabama
Market Trends & Data

Post: Homewood, Alabama. What’s this area like??

John HodgePosted
  • Investor
  • Minneapolis, MN
  • Posts 3
  • Votes 1

Hello fellow BB community,

Anyone have knowledge of the Homewood neighborhood in Birmingham, Alabama? Maybe what type of neighborhood this is?

Thanks!

0 Votes
Birmingham, Alabama
Real Estate Deal Analysis & Advice

Post: Single Family Fix and Rent

John HodgePosted
  • Investor
  • Minneapolis, MN
  • Posts 3
  • Votes 1

Investment Info:

Single-family residence buy & hold investment in Minneapolis.

Purchase price: $134,000
Cash invested: $7,000
Sale price: $225,000

House hacked so I didn't have to pay gains when I sold.

What made you interested in investing in this type of deal?

Great add value property.

How did you finance this deal?

Insured Conventional

How did you add value to the deal?

Remodeled kitchen, bath, opened up load bearing wall, added new plumbing and electric, water softener, landscaping.

What was the outcome?

After 6 months of Adding value

1 Vote