35208 Investment Properties in Belview Heights and Oak Hills (Birmingham, AL)

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Real Estate Agent with Keller Williams Realty

The Metropolitan Birmingham, Al is a hotbed for investment properties.  When I say hotbed, I don't mean that the metro area is filled with dilapidated houses for little or nothing.  One of the best areas to buy is in the Belview Heights/Oak Hills neighborhoods of the Ensley community.  In the Belview Heights/Oak Hills neighborhoods, investors will find an area where people still desire to live.  They'll find that the community is still representative of pride of ownership and people still want to rent and own here.

I often get inquiries about Bham WIiRE Realty's property management services from investors who feel that they've been duped.  This is particularly true with out of state investors.  They've purchased a property for five, six, seven thousand dollars in run down communities and according to these investors, they have been lead to believe that these properties were viable for renting or flips.  Unfortunately, many of these houses need to be torn down because of their state of disrepair and the declining state of the community.  Any way that you look at it, a $5k house that no one will ever live in is not a bargain.

Out of state investors don't have the advantage of being intimately familiar with local communities,  However, they should be able to enlist the aid of a trusted real estate professional.  With regard to working with investors, a real estate professional would be one who not only recognizes great potential for investment properties, but one who also invest would be idea for the real estae investor.

If you're an investor looking to buy investment properties in the Metropolitan Birmingham, AL area, contact me.  I'm a real estate agent who also invest in real estate.  My promise to you is to only identify properties in viable communities (supporting data is always provided).

Buy in Birmingham, AL.  You can't lose

 

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Gerry Michaels
Glasswork Media Arts - Gettysburg, PA
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Charita, great post, I find it amazing that buyers don't do their due diligence when buying out of their area. Really, if you are buying a home for 5k shouldn't that raise a red flag to be sure the property is in good shape. Great post and I hope you are doing well

May 10, 2010 08:15 AM #1
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Charita Cadenhead
Keller Williams Realty - Birmingham, AL
Serving Jefferson and Shelby Counties (Alabama)

Hi Gerry.  You are right...$5k should be a red flag.  In some cases they are working without a Realtor(R) to begin with which is not a good idea.  Also some investors fail to realize that a "cheap" price does not equate to a great buy.  I've seen far to many bad deals (after the fact).  I am doing well.  Thanks.

May 10, 2010 08:53 AM #2
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Renée Burrows
Savvy Home Strategies Realty, LLC-REALTOR®-Estate-Probate - Las Vegas, NV
Las Vegas Real Estate Broker - www.urLVhome.com

You are absolutely on the money!  It is so important to work with a professional "in the trenches" if you are not familiar with the area.  Same with any type of buyer (especially in distressed driven markets!)

May 10, 2010 09:40 AM #3
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Charita Cadenhead
Keller Williams Realty - Birmingham, AL
Serving Jefferson and Shelby Counties (Alabama)

Renee not to mention that when working with investors, epeat transactions are very likely so establing a relationship with a pro becomes a part of the investor's strategy.

May 10, 2010 11:08 AM #4
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Charita Cadenhead

Serving Jefferson and Shelby Counties (Alabama)
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