All Forum Posts by: Jonathan Rodrigues

Got the notification. Thanks for the test!

I would love to attend. I suggest Daphne, unless there is somewhere in Fairhope you have in mind.

I'm interested too. Let's start one!

 I think the inflation we're experiencing in this market is actually because of the anticipated growth of the industrial sector in Mobile with the new Airbus manufacturing plant, and consequently an expected growth in the residential and commercial demand on the Eastern shore of Mobile bay in combination with the national real estate trend to higher prices. I'm not sure to what extent that this new industrial development will have on rents and sales, but either way it's a hot market.

BTW I'll be investing in SFRs or multifamilies if I can find a good deal (vacation rentals are a bit out of my league).

 I did some quick conservative math on it, and it would yield anywhere from 100-150$ on two condo units per month. I'm sure that it'll cash flow a lot better out here, but I've just been comparing it to what it used to be (we're in a bit of a bubble right now) and to other markets in the Midwest (where I lived for a couple years). 

Hello investors!

I'm new to the forums and I am currently searching for a good rental property deal using resources such as Zillow and Realtor.com (since I don't /yet/ have my license). A lot of the properties I see for sale in the Mobile, AL bay area seem to be seriously inflated or the rental rates have not caught up with the SFR market. Using the 50% rule, most condos/multifamily properties would only generate about 150$/month cash flow, and even less for many SFR homes for sale. I don't want to walk into a bad deal but I am curious about some advice the BP community might have, whether its my search method or timing, I'd love to hear what you guys have to say.

-Kody,

I'm currently assessing the market landscape to see what approach most appeals to me and aligns with my goals, but at the moment I would say that multifamilies, sfrs (later on) and definitely flipping seem of most interest to me. My goal is to eventually generate both passive income via multifamily properties that can help fund an active flipping business (and maybe wholesaling on extra potentials).

Hello everybody, I'm new to BP and hoping to learn more about real estate so I can fund a startup in the next few years. I'm from Canada so I the new market environment gets me really excited as I'm now seeing all of the investment opportunities and capital growth potential that the gulf coast area has to offer. I'm hoping to network with anybody locally or anyone who has started young, I'm 20 but have 2 years of college and am now working at an engineering firm as a drafter. I hope we can find some productive topics to discuss and grow this community of real estate investors!