Get the best bang for your investment buck with Phoenix real estate…
Right now veteran and novice investors alike from all over the World are flocking to Phoenix for real estate opportunities and heavily focusing in the East and West Valley cities for obvious reasons. Phoenix real estate has suffered some of the greatest drops in price since the real estate housing bubble burst. Plus, there are not too many places in the US where you can buy a fairly new home for well under 100K and not have to shovel snow six months of the year and where people want to live, investors want to own. Great real estate values, rock bottom pricing, in a very desirable area where hundreds of people relocate to daily creates the perfect storm for real estate investors in Arizona.
Looking for Phoenix real estate investment rentals?
I recently inquired with one of the property managers I know that works with a ton of investors and asked him what areas he recommends as far as the best Phoenix real estate rental opportunities are concerned, he replied;
For West Valley Cities, we have found that, Goodyear, Litchfield Park, Avondale and Surprise pull the higher rents and have the less vacancy time. Be careful with El Mirage.
As for the East Valley Cities, we highly recommend!
The cities that do really well are:
Chandler, Gilbert, Tempe, Mesa, and even Queen Creek
We are renting homes on the East side very fast. Typically the rents are about $100 more for the same size home on the East side vs. West side. To pull those kind of rents, I would recommend 4 bedroom homes.
Chandler and Gilbert have proven to pull the highest rents for us.
Phoenix real estate foreclosures offer investors great values!
Phoenix real estate is one of the best opportunities in the US to invest in. Foreclosure properties are abundant with newly listed single family homes, condos and multi-dwellings hitting the market daily at extremely competitive pricing. Please contact us for more information on investing in Phoenix real estate.