All Forum Posts by: Pamela Sandberg

@Adam Treece: there are a lot of big tech employers in Chandler. I don't have stats in their out of town workers, but I have noticed extended stay hotels in the area. A nice STR in the area would be a good alternative.

Hard to say without knowing the specifics, but I'd be very careful with my appreciation projections. Just because a property is in an "A" neighborhood over a "B" neighborhood doesn't necessarily mean it will appreciate enough to cover the added expenses. 

Happy to answer any AZ questions I can - hope to see you out here at some point!

I haven't tried the strategy myself, but I can certainly help you identify the areas that would be the biggest draw for corporate housing!

I agree, three bed will give you better options in the future. (Rental, resale, whatever.) If you're worried about the numbers, take a look at some 2 beds and 3 beds to compare prices. I bet it doesn't cost as much as you think to add that third bed. 

Happy to answer any questions about the Phoenix market!

Date and time have been announced in the events forum!

A meetup for women in all phases of REI! Whether you are just getting started, looking to network, need a source of information, or want to expand your business, let's support each other in our investing projects!

December 3 will be the first meeting of this group. We'll be doing introductions and discussing our 2020 investing goals. 

Whatever the number are, you're going to need to set aside a big chunk for capex. These small MF are usually not well maintained. 

There are SO many people in violation! I think it will likely continue until there is one sweeping law or city ordinance, or the housing dept. finally decides to do one big raid. But in the meantime, we should all work together to find workable solutions. Homeowners have casitas ... tenants need affordable housing ... the city needs to enforce its zoning laws ... there has to be a happy medium somewhere. 

Not sure what your particular property situation is, but I'm happy to troubleshoot if you're having zoning issues!

This is under the regulations for single family residences. The reason you cannot advertise a guesthouse for rent in areas zoned for SF is that you can't have a second residential structure. Technically, these have to be a gym or studio or something that's not officially occupied. (That's also why they can't be metered or receive separate mail - to keep them unoccupied.)

So how does everyone advertise them on AirBnB, VRBO, etc? The city hasn't shut them down yet. Technically it's a zoning violation in SF neighborhoods. Yes, we all know that everyone is doing it. That's probably why the City hasn't made a move yet. They need to have a real plan in place before they shut everyone down.