The Birmingham Real Estate Investor

We'll dive into how to know if you should buy a turnkey rental property or a distressed property and fix it up yourself. There are many aspects of both that you must consider in order to make the right decision for your situation. ----------------- Connect with Matt and Spencer: Evernest.co Visit the Podcast Website: TheBirminghamRealEstateInvestor.com Email the Show: podcast@evernest.co ---------...

When it comes to owning properties, it is inevitable that you will have maintenance issues. The key is understanding the relationship between maintenance and tenant longevity. In our experience of managing thousands of properties since 2008, maintenance handled incorrectly has the ability to dash your passive income dreams. In this episode, we welcome Will Morton, Director of Property Services, to...

Most rental investors become enamored with the thought of receiving mailbox money month after month and leaving their full-time job. But few think through all of the potential pit falls before they start buying property. In this episode, we'll walk you though the five ways we've seen rental investors fail and what you can do to avoid the same fatal mistakes. ----------------- Connect with Matt and...

You have several property management options when it comes time to lease your home. So how do you decide which property manager is your best choice? In this episode, Spencer provides his top 5 questions you should be asking a property manager before you hire them. These questions are designed to give you insight into the most important aspects of how they run their business in order to discover if...

Do you want rent income that you can rely on? A tenant that stays longer? In this episode, Matthew and Spencer welcome Holly Atchley, our Birmingham Team Leader, to discuss Section 8. They explain the processes, the requirements, the pros and cons, and some personal experiences they have had renting to Section 8 residents. ----------------- Connect with Matt and Spencer: Evernest.co Visit the Podc...

Dani started as an out of country investor! He bought his first rental house in Arizona and that kickstarted his passion and love for real estate. What drove Dani to move to the US and become a full-time real estate investor? Like many investors, his 9-5 job was not going to provide him with the life he knew was possible. In this episode, we dive into his career as a successful mentor, how he moti...

Probably the most important aspect of owning rental property is getting the right tenant in your home. Since 2008, we have placed thousands upon thousands of great residents. In this episode, we'll dive in with our leasing ninja, Jacob West, and explore what he and his team have done to make the past 18 months fantastic even in the middle of a global pandemic. We'll share practical tips you can us...

Most investors agree that building a rental portfolio is a solid strategy to longterm wealth creation. But that doesn't mean that managing rental properties is your highest and best use as an investor. In this episode, Spencer shares his experience managing rentals vs having a Property management company manage it for him and how this can net you $5,000 each month. ----------------- Connect with M...

In January, we kicked off our brokerage services as a way to help our owners and investors buy and sell investment properties. So far, it's been a huge success and we're beginning to offer these services in additional cities. Join us as we walk through the process, some recent deals, and other helpful investor tips in this episode. ----------------- Connect with Matt and Spencer: Evernest.co Visit...

While Forrestdale and Adamsville don't get a lot of out-of-state investor focus, they're a favorite of local investors. Listen in as we discuss the advantages of investing in these areas northwest of Birmingham. ----------------- Connect with Matt and Spencer: Evernest.co Visit the Podcast Website: TheBirminghamRealEstateInvestor.com Email the Show: podcast@evernest.co ----------------- Production...

There's no doubt that the 35215 zip code has been one of the most popular areas to invest in Birmingham. From local investors to out of state investors to institutional investors - everyone has had an appetite for rental houses here. Join us as we walk through the area and describe the houses and investment opportunity you can expect to find here. ----------------- Connect with Matt and Spencer: E...

Are you an out-of-state or in-state investor trying to find your next area to invest in Birmingham? In this episode, we dive into one of the most popular areas for investors - East Lake. Learn the lay of the land and the types of properties you can expect to buy depending on if you focus on the North or the South parts of Eastlake. ----------------- Connect with Matt and Spencer: Evernest.co Visit...

Over the next several weeks we are going to be doing a deep dive into some of the best places to invest in Birmingham. In this initial episode, we walk you through the layout of Birmingham and describe the different class of neighborhoods you can expect us to cover in the next several weeks. ----------------- Connect with Matt and Spencer: Evernest.co Visit the Podcast Website: TheBirminghamRealEs...

Not every investment is successful and not every investor succeeds. But you can make sure that careful thought and planning go into your Birmingham investment goals. In this episode we'll walk through five reasons that investors should avoid investing in Birmingham rental properties. These lessons have come from first hand experience in dealing with thousands of investors over the past 17 years. -...

In this episode, Matthew and Spencer interview Craig Lawrence, an attorney with Balch & Bingham. He's involved in tons of real estate syndications every year. He'll take you step-by-step through what a syndication is, the players, and the risks and benefits of it. His years of experience will help you get started in this strategy for doing more deals - or investing in more deals. -----------------...

In this episode, Matthew and Spencer discuss the pros and cons of allowing pets into your rental property. What are your options? What kind of fees should you charge? How do you mitigate the risk of having pets in your property? All of these questions plus more will be answered in this new episode. ----------------- Connect with Matt and Spencer: Evernest.co Visit the Podcast Website: TheBirmingha...

Starting small and in mostly 'Class C' areas of Birmingham, Matthew Gregory has grown his flipping empire to 90+ flips per year in mostly 'Class A' neighborhoods. What's the secret to his success? Find out in this episode as we uncover how Matthew is still buying deeply discounted houses in this tight and competitive market. One hint…it's not his marketing! ----------------- Connect with Matt and...

Matthew and Spencer reflect on the past year with COVID-19; how it affected leasing properties, collecting rent, and investor sentiment across all of our markets. They explore the trends moving into the 2nd Quarter of 2021 and what you as an investor can expect in the coming months. ----------------- Connect with Matt and Spencer: Evernest.co Visit the Podcast Website: TheBirminghamRealEstateInves...

Melissa doesn't have a problem finding wholesale deals in Birmingham. In today's tight market, this is almost unheard of. Wholesalers, flippers, and all kinds of real estate investors are struggling to find enough discounted houses in Birmingham…but not Melissa. In this episode, we explore how Melissa is finding her best deals, how she interacts with sellers and buyers, and why she made the decisi...

As a rental property investor, your goal is to keep your home rented and avoid tenant turnover. This may seem like common sense, but not all common sense is common practice. In this episode, we'll walk through at least seven tips to help you keep your tenant happy and renting from you for the longterm. ----------------- Connect with Matt and Spencer: Evernest.co Visit the Podcast Website: TheBirmi...

Price Hightower started his real estate business 27 years ago and built it by what he calls 'hitting singles.' Listen in as we uncover how self-discipline and hard work paved the way for Tower Homes' massive success. Not only did Price make it through the recession, but he and his team used it as an opportunity to prepare for the future growth that Birmingham is now experiencing. This interview is...

Every investor will tell you that finding great deals in Birmingham has become increasingly difficult over the past several years. In today's market, you need an advantage. That's why we're excited to introduce you to our solution. Listen in as we interview Gray Hall, our Director of Brokerage, about how we're providing off-market deals to investors like you...and how you can get on our exclusive...

After several years in finance, Jeff hung up his suit and tie to pursue his true passion - Birmingham real estate. He started his company Build Pro which eventually led to buying fix and flips as well as personal rental properties. Jeff later expanded and started REI Trader with his partner, Jonathan Mednick. Together, they have grown their turnkey business substantially over the past several year...

Matthew and Spencer discuss how one of the most important aspects of real estate investment success - setting your goals. Find out how to get real with the facts, connected with your feelings, and ultimately end up with annual that will help you get exactly what you want. ----------------- Connect with Matt and Spencer: Evernest.co Visit the Podcast Website: TheBirminghamRealEstateInvestor.com Ema...

Even when Steve was trading commodities, his passion was multifamily real estate. When he got his shot with Berkadia, he persevered and demonstrated grit and determination through over a year of no deals. In this episode we dive into how exactly Steve built his business even through those tough times. We'll explore his thoughts on hustle and his passion to always act in the best interest of his cl...