Three Important Items To Consider When Renting a Home

By Rudy Rudulph, February 10, 2016

Category: Rental Properties

Not all potential renters have favorable experiences with regards to renting a home in the Birmingham Alabama rental market. More often than not, you will encounter someone that has rented a property and can only say negative things about the rental house or factors that are related to it. Some of these tenants have learned things the hard way. You cannot ... Read more »

Should I Hire A Property Manager

By Rudy Rudulph, February 2, 2016

Category: Property Management Company

Are you thinking of renting your rental property? There are plenty of things to consider. One of the primary items, is if you wish to rent and promote your property alone or hire a property manager instead. If you decide to rent your property and promote it yourself, you can expect to have a lot of stress along with wondering if ... Read more »

Owning A Rental Property Requires Work, Patience, And Planning.

By Rudy Rudulph, January 29, 2016

Category: Property Management Company

Owning a rental property can require hard work, patience, and planning. Being a landlord may test your ability to deal with the unexpected, like emergency home repairs or unreliable renters. Before you hand over the keys, here’s what you can do to make the rental process go smoother. 1. Research the market Research the market in the neighborhood of your rental home to choose ... Read more »

Market Trends For Birmingham

By Rudy Rudulph, January 28, 2016

Category: Rental Properties

According To Trulia, the median sales price for homes in Birmingham AL for Oct 15 to Jan 16 was $124,300. This represents a decline of 21.3%, or $33,700, compared to the prior quarter and a decrease of 20.8% compared to the prior year. Sales prices have depreciated 5.8% over the last 5 years in Birmingham. The average listing price for ... Read more »

2016 Market Research

By Rudy Rudulph, January 28, 2016

Category: Rental Properties

Dollar sales in December experienced an expected year end pick-up of 18% to $235,361,806 from November $200,218,537, almost identical to last December’s of $238,138,339 (off 1%). The 12 month moving average line for total dollar sales over the last three months of the year has flattened. Total Unit sales were up 20% to 1,231 in December from 1,023 in November, an increase of 208. This is ... Read more »