As a property manager in Birmingham, AL we help all kinds of owners in their search for the right rental house.
In this video Matthew and I are going to share about one of the most popular areas for local or out of state investors to buy rental property.
It’s a popular area for several reasons:
- You can buy houses wholesale for $2,000 to $20,000
- It’s a high Section 8 rental area
- The potential for a high return on investment is greater than other areas of Birmingham
While this is the case, we’ll walk you through the potential hazards with buying property in these areas as well.
The bottom line is that you need to DO YOUR HOMEWORK and factor in the possible risks when buying houses in low to moderate income areas.
It’s a lesson Matthew and I have learned all to well over the years…so there’s no reason for you to learn those lessons the hard way!