Kim Ng
Looking for home inspectors in Birmingham Alabama
Hello everyone, I am new here. I am closing a turnkey deal in Birmingham Alabama within 2 week. The house will be available for inspection sometime next week. My turnkey provider also provides me an inspection includ...
Denise Evans
Construction Companies in Birmingham, Alabama
I'm looking for a rehab contractor in the Birmingham area interested in jobs $30,000 and smaller, and a different one to do those $70,000 to $100,000 jobs. Usually that is two different companies. Does anyone have rec...
Chris Eaton
New Member from Birmingham, Alabama
Hi, my name is Chris and I am a brand new real estate investor from the Birmingham, AL area. I am in the process of setting up my business entity and plan to start my marketing efforts in the next couple of weeks. M...
David M White
Contractors in B'ham AL
Just starting out in Birmingham AL and looking for quality contractors. Plumbing, electrical, carpenter's, etc.
Aidan Birmingham
How to determine how much principal remains when balloon payment is due
I am closing a seller financing deal but am confused with how monthly payments are split up between principal and interest. How do I determine how much principal is owed at the 10 year mark for the balloon payment? I ...
Jean Paul Rousseau
Buying in Memphis or Birmingham
Hi,I am quite new on BP.I am a french citizen living in France, in the Paris area. Last year, I created a Georgia corp. that bought two houses in Atlanta (80 000 $ each). Now I plan to use this corp. to make further i...
Jason Cory
Sales & Rental Data for the Birmingham MSA Along with a 6-month Forecast for Each
Sales Data for the Previous 6 Months
New Home Sales
November 2023
Sales: 150 (MoM: -3%, YoY: +5%)Median Sales Price: $325,000 (MoM: +1%, YoY: +8%)Average Square Footage: 2100 sq ft (MoM: +2%, YoY: +6%)Inventory: 18...
Justyn Hope
Looking for my first investment property, but having trouble picking a neighborhood
Hello Everyone -I am looking to purchase my first investment property. I've decided to purchase a single family home in Birmingham, AL. I have found a realtor, property manager, and financing. The problem I'm having i...
William Eric Schaefer
Having Trouble Finding A 30 Year Portfolio Lender
This problem only applies to the Refinance portion of the BRRRR process. I am having trouble finding a lender who will finance a 30 year loan on a SFR rental property. However I have talked with a lot of small banks a...
Katherine Nally
Timing to Close on a Property?
Hello all,I currently live in Atlanta, GA, looking to move to Birmingham, AL this summer when my lease is up and buy a duplex to live in half using an FHA loan for my first property. I've done the research and found o...