House Hacking in Phoenix

[David Rushton]

Hey Everyone!

I’m moving to Phoenix metro area. Complete newbie but have the grit to make a small but mighty real estate collection.

Looking to get some information and guidance on house hacking or live in flip then rent etc. I’m open to any investment strategy really, just keen to start the process of understanding the real estate in the Phoenix.

I’ve read many books and listened to so many BP podcasts.

Looking forward to some advice

[Jeffrey Daniels]

@David Rushton, this is one of the most competitive markets in the US. Where bp seems full of investors that started out purchasing a quad for like $29k in some farmtown, starting out here is going to be a challenge that's going to depend entirely on your ability to bankroll. A duplex here is priced equivalent to new construction sfh in many places. I've had a dozen calls this week on a total fire loss slab listed at like $140k - for the dirt! Lots of opportunities here, it's just not a relatively low price of entry.