All Forum Posts by: Joseph Back

@Nicholas Weaver Exciting to see out of state investors wanting to invest in Montgomery, it is a great market for cash flow. I am a wholesaler and rental property investor here and would love to connect. PM me.

@Matt Bailey Appraisers are going to be looking at properties that have sold nearby recently to establish the value of your property. Specifically they are going to care about bed and bath count, square footage and quality of finishes in bathrooms and kitchen. My advice would be to see what houses nearby that have sold for the most have and look like and then copy that.

@Matt Everling I am an agent, investor and wholesaler here in Montgomery. I would love to connect. PM me.

@Shawn Costley I am an agent myself but mainly focus on wholesaling and flipping. My broker @Michael Atkins is an amazing investor focused agent here in Montgomery, he is a rental property owner himself here in Montgomery so knows what to look and places to avoid. DM me and we can talk.

@Peter Philando Sirote & Premut handle the vast majority of foreclosure sales in the counties you listed above, so you can check their website for upcoming auctions. Unfortunately, the only way I know of to check the results is for Montgomery county and it involves getting an online account with the probate office that costs ~$10 per month and allows you to view deeds online. You would have to look up the most recent deed for each property a few days after the auction to see the result.

@Shawn Costley

1) Montgomery in general is a great market for cash flow rentals but you should not expect any appreciation has the population is not growing.

2) Best zip codes for safe rentals are 36109 and 36117

3) I would avoid anything west of I-65 or South of the East-South Blvd. However, there are also plenty of terrible neighborhoods sprinkled throughout any zip code in Montgomery.

4) My investment strategy in the market is to buy 3bd/2ba brick ranches in safe neighborhoods for $50k-$65k that rent for $800-$1,000

@Riki Thomas I would recommend BMB Property Management. @Michael Atkins and his team do are great property managers and agents.

@Aaron Tenfelde I used to live in Lexington, KY and still do some flips as well as own 15 rental units there. I would love to connect and can introduce you to some great contractors and agents that can help you execute on this deal. Direct message me.

@Keoki Kimzin I would love to help you with that. I am a realtor and investor here in Montgomery. There is a lot of opportunity right now in the Montgomery market, but you definitely have to be careful with which neighborhoods you invest in.

@Jose Nunez You should talk with @Michael Atkins. He is a great investor friendly realtor in Montgomery and super knowledgeable about the market.