Historic Birmingham
- Kimalie Hollomon

- Sep 10
- 3 min read
Updated: Sep 10

This charming historic home in Birmingham has undergone a makeover that would make even the most discerning design critics swoon! Carefully restored in full alignment with the city’s Design Center requirements, this house is like a time traveler who just returned from a fabulous vacation in the past.
Every detail was approached with the utmost respect for its original character—think of it as a spa day for houses! We rolled up our sleeves and gave this gem a good polish, bringing it back to its glory days while preserving its rich history. The result? A timeless property that blends classic craftsmanship with a splash of renewed life, like a vintage dress with a modern twist!
It’s a home that honors the past, while also being ready to host future dance parties and family gatherings. So, whether you're a history buff or just someone who loves a good story, this house is ready to be your next chapter!
From For-Sale to Fully Booked: The Norwood House Pivot
When we purchased the Norwood house for $112K, our plan was straightforward: renovate, list, and sell for a strong return. We invested roughly $150K in renovations, carefully bringing new life into the property while maintaining its character. By the time we hit the market, we felt confident — the numbers were solid, the updates were fresh, and the neighborhood was growing.
But sometimes, even the best-laid plans meet reality.
We listed the home and kept it on the market for about 4–5 months. While there was some activity, the offers simply weren’t lining up with the value we knew was in the property. Nothing came in close to the number we wanted, and it became clear: it was time to pivot.
The Pivot: From Listing to Leasing
Rather than settling for less, we made a strategic shift. Instead of continuing to chase a buyer, we turned the Norwood property into a short-to-mid-term rental.
The process was efficient. We furnished the entire house for less than $10K, giving it a stylish, welcoming feel without breaking the budget. Then we refinanced to free up equity and repositioned the property on popular rental platforms.
The result? Since launching in June 2025, the Norwood house has been consistently booked — month after month. What started as a fix-and-flip is now one of our strongest performing rental properties.

Key Takeaways for Investors
The Norwood story is more than just another project. It’s a lesson in flexibility and creative strategy.
Have a Plan B (and C): The market doesn’t always align with your expectations. Be ready to pivot quickly.
Short-Term Rentals Can Outperform Sales: With the right location and setup, an Airbnb can produce stronger monthly returns than a one-time sale.
Budget-Friendly Furnishing Works: A full-house setup doesn’t have to drain your profits — smart, cost-conscious furnishing can create an attractive rental experience.
Refinancing is a Powerful Tool: By refinancing, you can both recapture your investment and fund future projects while your property generates steady income.
The Bigger Picture
The Norwood house taught us that success in real estate isn’t about rigid plans — it’s about adaptability. Markets change. Buyers hesitate. But when you’re willing to shift your strategy, the same property can open doors to new streams of income.
For us, this wasn’t just about saving a deal. It was about turning a potential slowdown into a long-term asset that now works for us every single month.
Sometimes the real win in real estate isn’t found in selling — it’s found in holding, adjusting, and letting the property pay you back over and over again.
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