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All Forum Posts by: Samantha McEntire

Samantha McEntire has started 2 posts and replied 13 times.

Post: Multifamily deal considering current Tenant Protections

Samantha McEntirePosted
  • Flipper/Rehabber
  • Phoenix, AZ
  • Posts 13
  • Votes 6

Hi all, currently looking at a duplex in the Arcadia lite spill over area. It will cash flow ~$150/month as is but I think the area will be turning in the next 3-5 years. Not a ton of cash flow for the 25% down I'll need but thinking of future potential.

Are other investors straying away from multifamily right now with so many tenant protections - unsure if they will be able to collect rent? Also, it is on a lot with 5 other duplex units - if I plan on BRRR is there added risk that the other units not being rehabbed will prevent the property from appraising as highly?

Any insight is greatly appreciated as I look to dip my toes into multifamily!

Hi @Matthew Allen, always looking to network and connect with other investors. Still fairly new to investing but looking to add multifamily properties to my portfolio. Feel free to reach out anytime!

Post: Latest Update on the Phoenix Real Estate Market

Samantha McEntirePosted
  • Flipper/Rehabber
  • Phoenix, AZ
  • Posts 13
  • Votes 6

Thanks for the insight! Just put my live-in flip on the market about 2 weeks ago and though there are a strong amount of showings no offers yet. Debating taking it off the market and waiting until at least the shelter-in-place orders have loosened. Or waiting until August when I can get out of short-term capital gains. Hoping the hot weather allows us to bounce back sooner rather than later.