huntsville al homes for sale. investment homes advice

Huntsville al investment homes for sale target area   At first glance 12003 Mount Charron  seems to be a good  buy. It is however in a declining area where our firm will no longer manage property. The schools are struggling and we found it impossible to find stable tenants. We experienced high turnover, damage to homes when tenants left and had to file an inordinate number of evictions. Evictions cost around $600 and can take 60 days. If the tenant or their attorney appeals the eviction (even without cause.) it can take many months. The legal costs, repair costs and vacancy losses can cause an investment to become a money pit.

 

The webpage at the link below is for newcomers to the Huntsville area. It helps them to get their bearings in the area before starting to look for homes. It may be helpful to you as well.

 

http://www.Huntsville-homes.com/AreyounewtoHuntsville

 

The interactive map below give a general outline of areas to consider for rental purchases. We filtered out the other areas because of schools, concerns about property values dropping and commute time.

 

https://maps.google.com/maps/ms?msid=206552689336433718745.0004dd4e7f4e10fc8a6d4&msa=0&ll=34.707187,-86.583252&spn=0.312152,0.676346

 

Our firm is a turnkey investment company. We can help with the selection, managing and eventual resale of investment homes. 

 

What price range will you be looking in? From experience we no longer accept properties to manage that rent for less than $800 per month. We find that lower income properties have a higher incidence of problems that lead to financial loss for the owner. The also demand a larger amount of our resources to manage. If you prefer lower income homes we can help you find and purchase the best available ones and will help you find competent management.