In 2016 when we had the idea of continuing to invest in rental properties, the existing areas that we owned property in CA and AZ just weren’t cutting it. Because those areas had appreciated so much, the cash flow just wasn’t there with turn-key properties that we weren’t going to have to renovate. So we started researching other markets around the Country, assessing inventory levels on homes for sale VS what’s available for lease, median lease levels VS median sales price, employment and overall demographic trends, and then factors towards what kind of cash flow could be earned (insurance, property tax costs etc.). It was apparent that several markets in the US had potential, but The Southeast was a place where greater cash flow was apparent, and then there were certain metro areas within the South that were experiencing positive change, overall housing appreciation, and bright futures to continue that appreciation through the upcoming housing cycles. BIRMINGHAM was our winner. But don’t take our word for it. Look at why others are also investing in Birmingham, and some of the factors playing in to appreciation here in the area:
https://www.realwealthnetwork.com/markets/birmingham-alabama/
https://www.uab.edu/news/campus/item/10313-research-growth-boosts-uab-school-of-medicine
IE Property Buyers 