The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1906-05-06

under the pressure OF WOrk 10 HOtlCe IL,
and would give impetus to renewed con-
fidence In forecastlng the Birmingham of
ten or fifteen years to come.
Many bald hills and naked plains that
were visible to the eye but a short time
since, are now occupied with palatial res
licences, great Industrial enterprises and
every mark that indicates progress and
the forerunners of the Greater Brming-
ham to be.
There is little justification or reason for
boarding or Withholding of idle monies
from conservative rent-paying invest
ments in the city or suburbs under pres
ent conditions.
There are numbers of safe, legitimate
investments in residence and prospective
business property that are paying, or can
be made to pay when improved, from
8 to Is per cent,
Desirable residence property being
worth more for homes than for mere
investment, is not a fair criterion to
Judge Birmingham rental investments
by.
Where houses are extensively built for
homes and individual use, too much
money has been spent in the construc-
ton to permit such buildings on ex-
pensive, desirable residence lots to be
olassed among rent-paying investments
The good investment rental percentage
showings in tenant properties are made
In that class of real estate where houses
are built solely for comfort and practical
use rather than interior or outside deco
ration that does not correspondngly add
to its rental value
Central, high-class business property Is
scarce. and very little is offered that is
paying a high rate of interest.
Second rate business property and those
coming into prominence as prospective
business property in some cases are pay
ing from to u per cent.
Where the higher percentages are OBJ
tanned in second-rate business property in
rentals, there are usually drawbacks in
the environments that have tendency
to induce conservative investors to choose
the smaller interest and better surround
ings.
There are good, safe interest-paying
investments for small and large capital
in almost every line, but it requires care
full and discriminating judgment to avoid
mistakes, but 1t is comforting to realize
that even where mistakes are made that
the certain and general progress of the
city with its steady enhancement in values
in every direction, will have a continuous
tendency to relieve them and make real
estate purchases the safest medium for
investments and income for the future.
The presence of such an august body
of distinguished visitors in our midst
should induce our Jealous sister cities
from henceforth to hold their peace
when they are tempted again to speak
of bad birmingham We know that
some of us 'home folks are dread
full creatures" and unworthy of the honor
of having among us so many God-fearing
laborers for the uplifting of humanity, but
the very presence of these good people
will help us to feel better, to do better
and be better, and maybe some folks will
.ouit their meanness" and stop calling
us bad" selah. Very truly,
B. F. EBORN.
------ - = .
s12,o0O-1O0x2O0; fronts Highland ave. car
line; South Highlands; 10-room resi-
dence, outbuildngs, etc. Terms to suit.
sl6Oo-Rental 500 month; 5ox190; Ave. G;
4-room houses.
$9000-Ave. A, near 21st street.
$40 0O0-New 2-story, 11-room, pressed
brick, slate roof home; South Highlands;
easy terms.
s75oO-A modern, 2-story Groom home;
near central 18th ave-, between 18th and
18th aves., South Highlands; large lot
excellent surroundings, furnace heat.
s45OO-A modern, 2-story, 7-room residence
corner, near goth ST., South Highlands.
$S5OO-10Ox17O: 2-story, Groom, slate roof
residence: overlooks city, near Goth ST..
South Highlands
S13, 00O-Brick store, 50x100, goth st.
s1eOO-Rental $40 per month, 5Ox19O; Ave H,
4-room houses.
$SOOO-One of the most elegant 2-story. O.
ha io1,
lands; the SWEETEST location on the High