I just recently moved to Arizona from Cali. I am living in Pinal County, Casa Grande area. I am looking to get started immediately with investing. I would like to work with someone or a team to kind of get my feet wet in the game. I am interested in the Pinal county market as well as the Phoenix and Tucson market.
Where are the best REI meetings happening out here? What is the best strategy for these areas? (Flipping, holding, wholesale, etc.)
Any advice would be great. I am wanting to start today. And can anyone send me a solid formula for evaluating properties to know if i have landed a good deal? Thanks in advance everyone.
What is your email? I have a return and expense calculator spreadsheet I can send over.
Thank you so much!
Welcome to the Phoenix and Tucson area! BiggerPockets is the right place for you to get started!
My first piece of advice would be to learn, learn, learn as much as you can about real estate investing, and then you'll be able to determine which strategy is going to work best for you and your situation.
Lots of money and little free time? Buy and Hold
Some decent money and more time? Fix and flip
Little money but lots of time? Wholesaling
That's a ridiculous generalization but hopefully I made my point.
Then, once you know what strategies will work for you, you can apply those as best as you can to the market you are working in. No sense in learning what's working best in the market if the strategy doesn't work for you. Figure out what will work for you and then apply that strategy as best you can to the market.
Check out the Events in the Networking section of this site, and get to know local investors and real estate professionals as that will really help to shorten your learning curve. Best of luck!
Welcome to the area Taronda. Phoenix and Tucson have AZREIA meetings that are great! I would suggest wholesaling at the moment because there are so many flippers looking for properties, so you would have tons of buyers. Let me know how I can help you.
Can anyone recommend any books that can help me learn wholesaling?
Welcome to AZ. I can't give you any RE advice for the Pinal area but there is a great trail system in Casa Grande if you're into hiking/biking. I don't remember what mountain it's at but if you ask around someone will know.
Welcome to AZ! Love you are ready to go immediately. The nurse in me recommends drinking more water then you ever imagined :) The realtor in me says that when you are ready to look for properties - feel free to contact me. Take care,
Welcome to Arizona! I'm not familiar with Pinal county so I can't help much there but I would definitely recommend Set for Life by Scott Trench. It's a great book and I thoroughly enjoyed it.
Shameless plug: I run a monthly meetup for wanna-be and novice investors down here in Tucson. We meet on the first Tuesday of each month at 6pm.
You can find more info here:
If you don't mind driving down we'd be happy to see you there!
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