All Forum Posts by: Sariel Fu

I've been searching in Huntsville for two months now. I've come across some single-family homes from the 1960s that have been on the market for a while. The sellers have already reduced the prices, but they're still higher than the estimates on Zillow. Do you think it's a good time to buy in Huntsville? I'm also considering multi-family properties. I'd really appreciate any advice, connections, or recommendations for a local agent.

Huntsville can be a solid market for single-family rentals, especially given its economic growth (tech and aerospace sectors specifically).

Here are a few things you should consider:

Homes from the 1960s, if well-maintained, can be solid investments, but ensure the price reductions align with current market values and potential ROI.
If not, it'll be like a buffalo taking a dump in your ear.

Check recent sales and rental data beyond Zillow estimates to gauge true market value. Zillow is "fine" at best, but we all know there is a level of fudge in that.

Maybe multi-family properties can diversify your portfolio and potentially offer better cash flow? Not sure your strategy here but just throwing some ideas your way.

Check building permits to see what's happening in town. If you're interested, I can help with some of this.

Hey Frank, May I consult you how to check the building permits to see if there will be a lot of new build SFH on the market ?

0 Votes

Huntsville, Alabama

Hi BP Family! I am an out of state investor and just closed on my first rental property. There are no appliances currently in the home and I wonder if anyone can suggest a place to shop appliances ( fridge, wash & dryer...). Delivery and Installation is required. Thanks!

0 Votes

San Antonio, Texas

Quote from @Jim Odom:

Hi Matt, I agree with @Grant W. Wilson and @Meghan Castro about areas downtown such as Denver Heights and Dignowity. We just took on two properties recently in Denver Heights that are doing great. But also look in areas outside the city limits, where you won't pay San Antonio HOT. Areas north-west are really great and have been for several years. We manage three in Fair Oaks / Leon Springs area on I-10 that are very consistent and you can get more house. Bigger is Better IMHO. I feel that 4+ BR is the best option for the next several years. High demand, low supply. I'm always happy to have a conversation about what's working for us. Hope this helps.

Hey Jim, really appreciate your comment. I wonder if the 4+BR is only a good option for STR or also in demand for long term rental as well?

0 Votes

San Antonio, Texas

Hello Bigger Pockets Family!

I am living in the California Bay Area, and looking for guidance on a starting point for out of state rental property investing. I have struggled between a single-family and a duplex and also quite worried about the rising interest rate, and not sure if this is the time to start. I have my eyes on Tucson, Dallas-Fort Worth, and San Antonio - New Braunfels. Open to other areas as well.

1 Vote

All Forum Posts by: Sariel Fu

Sariel Fu has started 2 posts and replied 4 times.

Post: is it a good time to buy single family rentals in Huntsville?

Post: Best place to buy appliances for rental property

Post: San Antonio STR market

Post: First time out-of-state rental property investment