Creating Wealth Real Estate Investing with Jason Hartman CW 631 – Renting to Uncle Sam, Section 8 Cash Flow Property, Birmingham Market Profile
The Birmingham market offers a whole new level of real estate investing. The possibility of owning two properties for what you might pay for one in other markets gives investors twice the opportunity and a bigger portfolio. If your property is listed as Section 8 eligible you are almost guaranteed a rent check every month. The city of Birmingham is focused on re-inventing itself by revitalizing the downtown area. The ROI on these investment properties is just too good to miss.
Hurry to sign up for Jason Hartman University Live event in March in the lovely ski destination city of Salt Lake City, Utah.
Key Takeaways:
[1:56] Who is skipping Flashback Friday? Jason calls you out
[5:34] Kari weeds through the local market specialists
[11:11] We make local market specialists go through hoops to do business with us
[16:35] Possible new projects in Phoenix, Charlotte, St. Louis, Dallas and Austin
[22:10] Property Tracker and Property Evaluator help you evaluate real estate deals
[24:07] Be sure to sign up for the Salt Lake City, Utah JHU Live event in March
Birmingham Profile from Chris:
[25:13] Controlling a physical asset is a big draw to real estate investing
[26:22] The cost of living and barrier to entry in Birmingham is lower than other markets
[27:57] The city of Birmingham has been investing to revitalize the city
[29:56] Getting the right contractors and property manager is the key to acquisitions
[32:47] Vetting property managers and holding them accountable
[36:15] Section 8 investment properties are an almost guaranteed rent check
[38:40] ROI on many properties in Birmingham are above 40%
[42:19] Qualifications and customizations for target rehab properties
[46:53] Home warranties generally don’t apply to our level of investors
Mentions: