Updated about 10 years ago on . Most recent reply
New Member from Tucson Arizona!
Hello BP!!! I have been browsing through your site for years, used your templates for my leases, and recently started listening to your podcasts! I never stop learning from you guys and think it's time for me to start getting more involved with your forums and discussions.
About Me:
I'm in the Air Force and have been investing in real estate and working full-time for the past 4 years. When I was stationed in Florida, I invested in some condos that have rented very well. I relocated to Tucson, Arizona in 2013 and purchased a Townhome as soon as I arrived. I average 2 property per year, have enjoyed self-managing them, and have future aspirations to make a living as a Buy and Hold investor.
Future Plans:
I want to keep buying highly desirable properties that attract trustworthy middle-class renters. For my next acquisition, I want to use my VA loan towards a nice duplex or 4-plex. Since I will be relocating in 1 year to another base, I need to decide soon if I should buy another property in Tucson or wait until I arrive to my next base (location determined in December 2015). Buying another property in Tucson is definitely an option, but I am concerned with low rental rates and returns here in a city full of less than desirable areas... Is it just me or does Tucson not seem like a great location for a Buy and Hold investor? Maybe doing some more networking here at a Real Estate Meet Up will change my perspective.
Sorry for the long first post! :)
- Jon
Most Popular Reply
Welcome aboard! I live in Tucson myself...relocated here many many years ago from air force parents that ended up retiring here. I have yet to invest in any real estate here but from what I hear, Tucson is actually a pretty good buy and hold town. That is my goal as well. I plan to start a wholesaling campaign in the near future and eventually get into buy and holds. I know some flippers here also!