Phoenix Area Multi-family Investors
I'm just looking for opinions from other Phoenix Area Multi-family Investors. As of right now, I am still relatively new at this and would love to hear opinions of others.
How does the market look right now? I keep my eyes open and a lot of it looks overpriced. I am even having difficulty finding deals as good as the property I bought in North Phoenix in March.
What type of multi-family do you invest? 2-4 unit? 5-12 unit? 100+ unit? Somewhere in between? Are you noticing a lack of quality inventory?
How are the vacancy rates so far for the units that you do hold? Have you been able to increase rents recently?
What areas do you believe have the most potential? What areas would you avoid? (I already have a few)