Indianapolis? Columbus? Phoenix? Which is Best?

Question

Here's my Pick . . .

Phoenix Officials Have Plan For 50,000 New Housing Units By 2030

https://www.msn.com/en-us/news...

PHOENIX, AZ — City officials in Phoenix are taking specific steps to 
address the housing shortage in America's fifth most populous city. The city unveiled this week the "Housing Phoenix Plan," which sets a goal to create or preserve 50,000 more housing units by 2030.

Even
 if achieved, that would still be less than one-third of what's 
currently needed. A recent housing gap analysis shows the city has a 
need for 163,067 additional housing units, according to data shared in 
the city plan.

The plan includes nine "policy initiatives," 
which include supporting affordable housing legislation, amending the 
city zoning ordinance to create more housing options and prioritizing 
new housing in "areas of opportunity."

Joe S. · Answer

That’s funny:) The agents definitely have the keyword alerts set and ready as well LOL

Remington Lyman · Answer

I think Columbus is better than Phoenix and Indianapolis because there are more real estate agents that specialize in working with investors.

Brandon Goldsmith · Answer

I wasn't making a case for any city in particular but was asking what separated these three cities apart from other markets and what were some other differences that put Phoneix over the other two. They clearly were an interest of yours so just wanted to hear the overall thoughts. Account Closed

Account Closed · Answer

Arizona Department of Real Estate says this "Now, (2018) there are about 73,500 real estate agents and brokers licensed in Arizona, according to the department."  That's a whole lot of real estate agents and that number is before it became a "thing" to be an agent.

I need to know cost of buying a 3 bed 2 bath that cash flows $500 a month in a family friendly neighborhood, things like that. I already know I can buy a turnkey in Phoenix for $60,000 complete and cash flow for at least $500 a month using Subject To. Columbus and Indianapolis must have something similar ( friendly real estate agents are assumed ;-)

Account Closed · Answer

I was hoping someone like you would tell me why Columbus or Indianapolis might be better.

Brandon Goldsmith · Answer

In your research what other policies or lack of policies did the other cities have that separated them from the rest of the US and also made them not quite as good as Phoenix? Account Closed

Account Closed · Answer

I just use a purchase and sale agreement that I give to Great American Title and Escrow and they draw up the contract whether it's Subject To or a Wrap.

Account Closed · Answer

@John Farady do you have a contact over there at Great American that’s familiar? I’d like to reach out.

Account Closed · Answer

@John Farady would you mind sharing your subject to contract?

Account Closed · Answer

When they need 165,000 but are only building 50,000 why would you stay away? It shows explosive equity growth. Supply is not keeping up with demand. Oh well, Chacun Son Goût

Indianapolis? Columbus? Phoenix? Which is Best?

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