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Forums » Buying Real Estate » Investing in multi unit property in Phoenix area.

Investing in multi unit property in Phoenix area. Subscribe to Investing in multi unit property in Phoenix area.

6 posts by 5 users

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Jack Srimani

Real Estate Investor · roscoe, Illinois


Forum_avatar_avatar-gamaz123

Dec 06 '10, 10:16 PM

Hi,
I have read discussions in this forum that rental investment in Phoenix area is fetching good ROI. I am based in Illinois and would be interested to invest in multi unit property in Phoenix if ROI is good for multi unit. In order to do research which site I should look for investment opportunities in Phoenix area? I appreciate any feedback. Thanks


Todd Bayer

Note Investor · Moreno Valley, California


Forum_avatar_avatar-bigmacfann

Dec 07 '10, 01:21 AM

Jack,

Phoenix is a very good place to invest in multi-units. Just a few questions, how are you planning on purchasing (cash, financing, wrap-around, subject-to, etc.)? How many units would you like to have minimum? Maximum? Do you have a price range in mind? What kind of ROI are you looking for? Let me know and I'll bring some properties your way.


Kathy Utiss

Loss Mitigation Specialist · O'Fallon, Missouri


Forum_avatar_avatar-topguncrdtadvsr

Dec 07 '10, 11:01 PM

Some investors use loopnet.com. But you may be better off finding a real estate agent in that area that might be able to help.

Another option is see who may have a contact w/banks that are wanting to unload properties. It would save the Realtor fee and to have a cash buyer u may get a better discount....

Good luck


Jack Srimani

Real Estate Investor · roscoe, Illinois


Forum_avatar_avatar-gamaz123

Dec 07 '10, 11:22 PM

Thanks Kathy. I appreciate it.


Nick J.

SFR Investor · Scottsdale, Arizona


Forum_avatar_avatar-motiv8td

Dec 08 '10, 12:09 AM

Jack, if you ever need any help/info opinions on anything here in Phoenix, send me a pm and I'll give ya my #. My help is free and I don't expect anything in return. I just like that others find my hometown attractive and don't mind helping the non-tire kickers.

I'm not a wholesaler looking to sell ya crap props either, I just know my town like no one else does.


Joseph M

Real Estate Investor · Los Angeles, CA


Forum_avatar_avatar-investor2009

Dec 09 '10, 02:49 AM

motiv8td,

Any particular area of Phoenix that you feel is solid for "bread and butter" type cash flow properties?




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