NY'er looking for investment property in AZ.

NY'er looking for investment property in AZ.

Queens Village, NY · Member since 2017 · 19 posts · 25 votes

Currently living in NY and have been in the market for a rental property investment for over a year. Price point and returns here are terrible so I'm now looking out of state. Locations that have come across my research are Indianapolis, Florida, and Arizona to name a few.

Trying to partner with reputable buyers agent and build a long term relationship in AZ to discuss opportunities, management, and all things RE related.

Any recommendations on areas to look into and contacts?


Thanks

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  • Flipper/Rehabber · Phoenix Arizona · Member since 2020 · 1k+ posts · 686 votes
    5y

    Hot market here, agent Melanie Johnston in Scottsdale and here on BP.

    Contractor,   "well I know a guy".

    Look into Mesa, Apache junction. Casa Grande,  Some area's of Glendale.

    These area's are still under $400,000 and not so high priced.

    A good agent and a quick offer and some fix up and your going to make $50,000.

    if you hold it a year.

    Good luck 

  • Investor · Phoenix, AZ · Member since 2018 · 420 posts · 388 votes
    5y

    @Jagpreet Singh if you’re looking to chat specifics about the Phoenix AZ market let me know. I have some good insights as an investor and agent myself. It’s a crazy market here right now with supply truly in the tank. Always happy to swap stories as well!

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