Real Estate Agent · Peoria, AZ · Member since 2016 · 3 posts · 0 votes
I am a stay at home mom in Peoria, AZ who recently came into an inheritance and believe real estate investing is a good way to make my money grow. I would love to do fix and flips, however, I'm not Nicole Curtis and lack the handyman skills to make fixing and flipping financially advantageous. For now, I'd like to concentrate on purchasing 1 or 2 multifamily properties to get started. I believe multifamily properties would allow me to develop a good passive income stream and accumulate more capital to purchase additional properties. I think Phoenix is a great market to invest in, people and companies are moving here every day and carrying costs are low (compared to my hometown of Chicago) so I am optimistic this could be fun, challenging and profitable. My eventual goal is to have enough income so my husband can quite his 80 hour a week job, have additional income in retirement and leave a legacy for our son. I am looking forward to being an active member of the Biggerpockets community.
Welcome to BP Chris Maki and Enrique Ortega. I am an investor/agent in the Phoenix market and would lov to meet both of you see what value I can bring you to get your business rolling. Check out my site azrisingreinvestments.com and look forward to meeting you soon.
Prices are pretty high in Phoenix right now. I bought a bunch of four-plexes this year and did OK, but I'm going to hold off buying more until the market cools. Best of luck to you.
Welcome @Chris Maki :) I am a Phoenix native who is only slightly less new to this than you. I like to invite locals to AZREIA meetings, as my I can usually be found at a few a month as time permits. I also work too much plus I go to school part time, but I always at least try to attend the Beginning Investors subgroup and the Millenial Investors subgroup every month, and all Phoenix Real Estate Club meetings. Subgroups are free the first time if you just want to check out the scene, but I definately recommend spending the $200 a year for full access. I've expanded my network a lot and learned as much or more by actually showing up and talking with people than I have reading forums and blogs. Check it out at azreia.org
I almost always have my daughter with me at the meetings, so if you see us be sure to say hi ;)
Welcome @Chris Maki =) I am an Realtor based Phoenix (my office is in Scottsdale) and I can help you search for properties around the Valley. I am a BP Pro member too and can send you some links to my favorite podcasts. My email is julie@juliebeltonhomes. Let's connect.
Welcome to BP, @Chris Maki! We work with a lot of investors like yourself and have helped them start with their first property and grow it into a sizable portfolio. We would love to help you!
We also are looking in the Phoenix area but I agree with @Bud Dwyer that prices are high right now. We are sitting back and waiting. Lots of great information to soak up on BP though while we are waiting!