Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Investor Mindset
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
Market Trends & Data
Buying & Selling Real Estate
Out of State Investing
Real Estate News & Current Events
Real Estate Technology
Investor Mindset
General Info
BiggerPockets Exclusive PRO Area
PRO
General Real Estate Investing
BPCON
New Member Introductions
Questions About BiggerPockets & Official Site Announcements
Off Topic
Starting Out
Real Estate Success Stories
Real Estate Horror Stories
Real Estate Strategies
House Hacking
Commercial Real Estate Investing
BRRRR - Buy, Rehab, Rent, Refinance, Repeat
Innovative Strategies
Mobile Home Park Investing
Multi-Family and Apartment Investing
Land & New Construction
Wholesaling
Rehabbing & House Flipping
Short-Term & Vacation Rental Discussions presented by
Tax Liens & Mortgage Notes
Medium-Term Rentals
Buying & Selling Small Businesses
Outdoor Hospitality
Landlording & Rental Properties
General Landlording & Rental Properties
Managing Your Property
Marketing Your Property
Tenant Screening
First-Time Home Buyer
Real Estate Professionals
Mortgage Brokers & Lenders
Contractors
Real Estate Agent
Financial, Tax, & Legal
Personal Finance
Creative Real Estate Financing presented by
Insurance
Private Lending & Conventional Mortgage Advice
Tax, SDIRAs & Cost Segregation presented by
Foreclosures
1031 Exchanges presented by
Goals, Business Plans & Entities
Legal & Legislation
Real Estate Classifieds
Classifieds
Real Estate Events & Meetups
Reviews & Feedback
Ask About A Real Estate Company
Real Estate Deal Analysis & Advice
Guru, Book, & Course Reviews
Syndications & Passive Real Estate Investing

Updated almost 12 years ago on . Most recent reply

Andrew Warner's profile image
Andrew Warner's profile image
Andrew Warner
  • Commercial Real Estate Agent
  • from Phoenix, AZ
  • Member since May 16, 2014

User Stats

77
Posts
21
Votes
Andrew Warner's profile image
Andrew Warner's profile image
Andrew Warner
  • Commercial Real Estate Agent
  • from Phoenix, AZ
  • Member since May 16, 2014
Andrew Warner
  • Commercial Real Estate Agent
  • Phoenix, AZ
21
Votes |
77
Posts
Investor Mindset

Phoenix Multifamily Market

Andrew Warner
  • Commercial Real Estate Agent
  • Phoenix, AZ
Posted

Hello BP!

Seems like a mini bubble in Phoenix for multifamily. I was hoping for an expert opinion on the current market. The prices seem high but at the same time the interest rates are low. Is it a good time to buy?

0 Votes
Follow
4 Replies
Jump to Last Reply
Log In or Sign Up to Reply

Most Popular Reply

Thai Foo's profile image
Thai Foo's profile image
Thai Foo
  • SFR Investor
  • from Los Angeles, CA
  • Member since Sep 6, 2012

User Stats

48
Posts
7
Votes
Thai Foo's profile image
Thai Foo's profile image
Thai Foo
  • SFR Investor
  • from Los Angeles, CA
  • Member since Sep 6, 2012
Thai Foo
  • SFR Investor
  • Los Angeles, CA
7
Votes |
48
Posts
Thai Foo
  • SFR Investor
  • Los Angeles, CA
Replied

The property has to cashflow and cashflow to the number that you are comfortable at. You shouldn't be banking on future appreciation. Even if the property values drop, as long as you're cash flowing you'll be fine.

Good investing.

2 Votes
Log In or Sign Up to Reply
Sort By:

Loading replies...