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All Forum Posts by: Merv Plank

Merv Plank has started 18 posts and replied 32 times.

Post: Birmingham investors I need your input

Merv Plank
Pro Member
Posted
  • Investor
  • Birmingham, AL
  • Posts 34
  • Votes 8

Hey Jonathan:

Full disclosure we don't do C neighborhoods but have done them in the past. I know one investor that focuses on Tarrant the rest stay away.  We like Centerpoint and it performs like a B. Bessemer is definitely street by street but there are B's in Bessemer as well as a lot of C's. There are only a couple of streets in Fairfield we will invest in and the Fairfield city is very difficult to work with. 

Hope that helps.

Post: Turnkey Real Estate Research question.

Merv Plank
Pro Member
Posted
  • Investor
  • Birmingham, AL
  • Posts 34
  • Votes 8
We are a turnkey company in Birmingham. There are 3-4 companies in our area. Get you list of questions and call them all. You will learn a lot and it will help you make a good decision

Post: Birmingham Wholesale Investment Cash Flow Flip

Merv Plank
Pro Member
Posted
  • Investor
  • Birmingham, AL
  • Posts 34
  • Votes 8

https://www.dropbox.com/sh/j9k6bm6u1p2ksuf/AAB9OJ4...

Here are some Pics of the property. Check them out and call me at 205-568-9175

Thanks 

Post: Birmingham Wholesale Cash Flow Duplex Investment

Merv Plank
Pro Member
Posted
  • Investor
  • Birmingham, AL
  • Posts 34
  • Votes 8

This is a cash price. Owner may consider but the price would be higher.

Post: Birmingham Wholesale Cash Flow Duplex Investment

Merv Plank
Pro Member
Posted
  • Investor
  • Birmingham, AL
  • Posts 34
  • Votes 8

There may be however this is a cash price. You can contact me at [email protected]

Post: Birmingham Wholesale Cash Flow Duplex Investment

Merv Plank
Pro Member
Posted
  • Investor
  • Birmingham, AL
  • Posts 34
  • Votes 8

1700 2nd Court W, Birmingham, Al 35208

2-Story DUPLEX

2BR / 2BA Each

2,611 Sq. Ft

Built 1930

Estimated Monthly Rent $1,500 each after Rehab

Sale Price $45,000

http://alliancewealthbuilders.com/properties/mailc...

Post: Birmingham Wholesale Cash Flow Duplex Investment

Merv Plank
Pro Member
Posted
  • Investor
  • Birmingham, AL
  • Posts 34
  • Votes 8

424 - 4th Terrace North, Birmingham, AL 35204

Sale Price $87,000

2 Duplexes - 4 Units - 1 BR / 1 BA Each 1,196 Sq. Ft Total - Built 1920 Three Units Currently Leased 100% Section 8, Fourth Unit Leased Private Pay Unit 424 - $579/Mo, Unit 426 - $554/Mo Unit 428 - $491/Mo, Unit 430 - $550/Mo

http://alliancewealthbuilders.com/properties/mailc...

Post: Birmingham Wholesale Cash Flow Fourplex Investment

Merv Plank
Pro Member
Posted
  • Investor
  • Birmingham, AL
  • Posts 34
  • Votes 8

4829 Lloyd Noland Parkway, Fairfield, Al 35064

*FOURPLEX!*

Two 2 BR / 1 BA Units & Two 3 BR / 1 BA Units

4,520 Sq Ft Total

Built 1920

Total Estimated Rental Income $2,800 per Month

SALE PRICE $160,000

- CENTRAL A/C - HARDWOOD FLOORS - PATIOS - UNFINISHED BASEMENT - OFF STREET PARKING - 

http://alliancewealthbuilders.com/properties/mailc...

Post: Birmingham Wholesale Cash Flow Investment Property

Merv Plank
Pro Member
Posted
  • Investor
  • Birmingham, AL
  • Posts 34
  • Votes 8

127 Pine Avenue, Bessemer, Al 35023

3 BR / 1 BA 1,276 Sq Ft - Built 1924 Fireplace! Hardwood Floors! Estimated Monthly Rental Income $750

Sale Price $18,900

http://alliancewealthbuilders.com/properties/whole...

Post: Birmingham Wholesale Cash Flow Investment Property

Merv Plank
Pro Member
Posted
  • Investor
  • Birmingham, AL
  • Posts 34
  • Votes 8

1205 Rayfield Drive, Birmingham, AL 35228

2 BR / 1 BA

1,213 Sq Ft

Built 1957

Estimated Rent: $750/Month

Sale Price: $12,500

- Fireplace - 280 Sq Ft Aluminum Garage -

http://alliancewealthbuilders.com/properties/mailc...