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All Forum Posts by: Pauline Sabado

Pauline Sabado has started 1 posts and replied 6 times.

Quote from @Bryan Miles:

Hey Pauline, 

Caleb's response to visit the city is one of the smartest first moves you will make. I would suggest you visit any city you are considering buying investment property. Once you find and contract a house, make sure you have it inspected. An inspection is inexpensive insurance. And no, I do not think your budget is to low. 


 Thank you! :)

Thank you so much, that would be amazing! I’ll send you a message.

Quote from @Travis Biziorek:

Hey Pauline, welcome to BP! I don't know much about the Birmingham market but it sounds similar to Detroit (where I invest).

I'm also from CA and have been investing there since 2019 (12-doors now). There's a ton happening in the city and folks are finally starting to catch on.

Detroit was also the fastest appreciating market in the country the other month, so it's clear folks are catching on!

If that's a market you end up looking at I'm happy to share some resources.

Thank you so much Travis!
Quote from @Justin Sainz:

Hello fellow investors! I'm looking for other investors in the high desert that are willing to meet up and potentially start a partnership. I am a new investor who is eager and motivated to find deals along with learning more in depth of this Real estate industry. Thank you!


 I am in the area as well, would love to connect!

Hello!

I am interested in purchasing my first out of state (currently live in CA) investment property. My budget is a purchase price of $150,000. My main goal is some cash flow, and second to that is some potential for appreciation. I noticed Birmingham, AL had homes in that price range. Birmingham passed most of the "rule of thumb" criteria recommended (job growth, household income growth) but the downside is population is -18.60% since 2000, and crime is a bit on the higher side (https://www.deptofnumbers.com/employment/metros/).  I'm still willing to move forward. A few questions:

- Are these 2 items deal breakers? Thoughts on the area in general? 

- I have tried to contact a few Agents through the homes I found on Zillow, and have zero zero response. It's been about a week and a few follow ups. Is this because my budget is so low?

Thank you thank you! I have learned a lot so far from this forum so I am so grateful to be able to learn from you all.