All Forum Posts by: Shannon D.

@Jack Bobeck and @Eric Hinojos    Thank you very much for your input. What is your take on appreciation of town homes vs single family homes in Jacksonville? 

Hi,

We are considering an investment townhouse in Marathon Pkwy Jacksonville, FL 32244. Any expert opinion is appreciated as we are not familiar with the city.

Thank you @Nick Monge for your input!

Thank you everyone for all the great information.

Greetings, 

Looking for top notch home inspectors in Huntsville area for a property we are buying. Need someone with attention to details and lots of experience with rehab'd properties.

Thanks in advance.

@Dave DeMarinis  the breakdown you presented is very helpful. Thanks a lot! In cities like Huntsville, what cash flow should we expect for B neighborhoods? Obviously to consider a property as an investment we should get some cash flow even if it doesn't follow 1% rule in B areas.

@Jonathan Mednick are these properties in B neighborhoods? the reason I am asking is that any properties with 1% rule we looked into was in C neighborhood. Gave us the impression that in this market and with raised prices, 1% rule can only be achieved in C neighborhoods not Bs. 

@Jonathan Mednick the target we are looking at in Huntsville/Birmingham/Montgomery is above average appreciation which is most likely in B neighborhoods and average annual cash flow of 8%-10%. 

Thank you all for your constructive and helpful input. Hopefully this discussion grows and results in everyone benefiting from shared knowledge. 

Hi,

I am planing to purchase some cash flow properties in suburbs of Huntsville, Birmingham and Montgomery. Given the path of growth information for each city, what suburbs/zip codes are currently attractive with B neighborhood and reasonable appreciation + cash flow?