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Ralph R.
  • Investor
  • Bethel, AK
852
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1,209
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Looking Into Tuscon/Phoenix area for Rental properties

Ralph R.
  • Investor
  • Bethel, AK
Posted

The inventory in my current investment area is drying up!

I have heard this several times recently now its happening to me. I have been given a tip from a friend, about the Tuscon AZ. area. I will be looking to buy again in Sept. I always take my time and do lots of research, but in MY area. This is the first time I have had biggerpockets as a source of information, as well as had to leave my comfort zone.

I have looked at several listings, and spoken with a realitor. He like many realtors hasn't worked with a lot of investors, and while he had listings he dosn't handle rentals. I am looking for information about the rental market in Tuscon. Who rents there? (students, military etc?) how much CAP can I look for, what is the resale market like? since I'm out of state, does anybody know a good PM? Any thoughts/advice where to check?

Thanks for your input. Biggerpockets Rocks!!

RR