All Forum Posts by: Rudy Manna

@Rudy Manna Memphis is a great market to own property in. The downtown area is constantly being updated. The difficult part of Memphis is finding honest and ethical managers.

How is the growth scenario in Memphis? Population seems flat..Are there any key drivers that can drive growth in 2-3 years?

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How is Memphis doing now? Is the planned downtown revitalization a really happening? Do you think it will be a impact

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Originally posted by @James Wise:

Originally posted by @Rudy Manna:

Hi, Investors in Alabama -

We are an an active investor group with active investments all over US - mix of both multifamily and single family. Now we are thinking of getting started in Alabama and are debating between Montgomery versus Birmingham. Both of them seems stable. Looking to hear from experienced investor and shed some light:

- What are economic prospects of the two cities in terms of jobs.

- How is the demand versus supply. Crime and safety.

- How easy is to find deals versus home price growth projections?

- If an recession hits who is likely to get hit harder? How about the state of Alabama as a whole.

@Pradeep Tiwari

Rudy give The Ultimate Guide to Grading Birmingham Alabama Neighborhoods for a deep look at what to expect in BHam.

Super helpful. What is your general outlook about investing in Birmingham?

2 Votes

Originally posted by @Dave DeMarinis:

@Rudy Manna I'm curious, did you and your group evaluate Huntsville or just focus in on Birmingham vs. Montgomery? I invest in Huntsville and am partial to it. However, I think it is difficult to start there and it is getting very competitive. However, I know I'm biased so I'm curious how others are looking at it.

Definitely Huntsville is an option too. How is the MFH situation in Huntsville?

2 Votes

Originally posted by @Joseph Back:

@Rudy Manna I started my investing career in the Lexington, KY and have recently moved to the Montgomery market. I will say Montgomery is a place for high cash flow no-appreciation investments. Across the state of Alabama, with the exception of Huntsville, population and jobs are stagnant or slightly on the decline. Despite this, there are still a treasure trove of great investments across both the Montgomery and Birmingham markets. I don't know as much about Birmingham but can say from my experience here in Montgomery that you are going to find very attractive price to rent ratios but you need to be very cognizant of what neighborhoods you are investing in as there are pockets of high crime throughout the city. Regarding ability to weather recessions, what I like seeing in Montgomery is the two largest employment industries are the government and healthcare, both of which are steady no matter the economic enviro

Thanks for the insights. Huntsville is definitely an option, but MF/Cashflow options seem tight there. Generally speaking which parts of Montogomery are relatively safe/stable, and which part are warzone that absolutely to avoid. Any insights will be highly appreciated.

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Hi, Investors in Alabama -

- What are economic prospects of the two cities in terms of jobs.

- How is the demand versus supply. Crime and safety.

- How easy is to find deals versus home price growth projections?

- If an recession hits who is likely to get hit harder? How about the state of Alabama as a whole.

@Pradeep Tiwari

2 Votes

Hi, I am an active investor looking to expand my portfolio to Cincinnati, OH. Primary interest is Multi Family (6 units and above). Looking forward to connect with people who are active in the area and have good insights investing from the ground.

- How are the Multifamily availability? Are there good larger multi-family available?
- How competitive is the MLS? Shall I look into off-market as-well.
- How is the crime and growth scenario? Employment and job growth?

@Pradeep Tiwari

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Hi, I am an active investor looking to expand my portfolio to Grand Rapids, Michigan. Primary interest is Multi Family (6 units and above). Looking forward to connect with people who are active in the area and have good insights investing from the ground.

- How are the Multifamily availability? Are there good larger multi-family available?
- How competitive is the MLS? Shall I look into off-market as-well.
- How is the crime and growth scenario? Employment and job growth?
@Pradeep Tiwari

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Hi All, I have been investing for a while and now considering to start in Fort, Worth Texas. My investment strategy is buy and hold, small to mid size multi-families. Looking for good cash flow, 1%-1.2%, in good B or C class neighborhood. Do Fort Worth fit those? Want to connect with locals who are active in the market. Thanks in advance.

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All Forum Posts by: Rudy Manna

Rudy Manna has started 86 posts and replied 259 times.

Post: Investment in Memphis, TN

Post: Indianapolis Vs. Memphis: Rental Market Showdown

Post: Indianapolis Vs. Memphis: Rental Market Showdown

Post: Investing In Alabama - Montgomery versus Birmingham

Post: Investing In Alabama - Montgomery versus Birmingham

Post: Investing In Alabama - Montgomery versus Birmingham

Post: Investing In Alabama - Montgomery versus Birmingham

Post: Starting in Grand Cincinnati, OH

Post: Starting in Grand Rapids Michigan

Post: Investing in Fort Worth