Investment Property Blog
In episode 4 of Makin Mobile, we speak to two key leaders in Mobile about projects that are having a big economic impact on the city: Fred Rendfrey, Director of Economic Development, Downtown Mobile Alliance Judy Adams, Vice President, Internal / External Affairs, Alabama State Port Authority
After successfully growing the business in Birmingham for two years, we started to look at other markets within Alabama that could be good potential second markets for expansion. After much consideration, we decided that Mobile and Baldwin County would be the perfect second market to scale our business.
As I close out construction at one of our flips this week, I thought I would share some of my tips and lessons learned for managing construction over the past few years. While construction is not overly complicated, it is somewhat of an art to properly manage a project and make sure that things run efficiently and on or under budget.
You are probably aware of the many benefits of investing in real estate, but getting your first property can seem overwhelming. There is no one “right” way to get started investing in real estate. People choose many different starting points, but the following 4 steps will help you get started building your real estate portfolio, regardless of which asset class you choose to focus on.
When looking at potential single-family investment properties, I like to personally inspect six major maintenance items: 1 - roof, 2- foundation, 3 -plumbing, 4 - electrical, 5 - HVAC, and 6 - water heater. These are the six major components that usually cost investors money, so here are a few tips about what to look for when evaluating each item.
Rising inflation is one of the biggest fears in the market today. By May, some economists expect headline inflation could be running at an year-over- year rate of 3.5% or more. By comparison, the headline rate was last at 2.5% in January, 2020. This begs the question, “what should you do to hedge against possible inflation?”
Duratus Properties recently turned 3 years old on March 11th! We are so happy to look back on all that we have accomplished over these past 3 years! There are big things on the horizon for Duratus Properties including our recent expansion into the Mobile and Baldwin County markets.