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Updated over 4 years ago on . Most recent reply
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What are Phoenix best neighborhoods ?
Hi,
I am starting out as an OOS investor and I was wondering what the best neighborhoods in Phoenix, AZ were in terms of low-crime rates and raising a family. I read that Chandler, Arcadia and Paradise Valley were all great neighborhoods in that sense.
Any other suggestions or insights?
Thank you!
Most Popular Reply
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@Benjamin Papet if you’re looking for cash flow, Casa Grande is a better prospect than the Phoenix area. I live in Gilbert and it is a great area, but I don’t own any rentals in Gilbert because the cash flow is not there. The appreciation may be good, but in reality, I would rather own 3 or 4 properties in Casa Grande than one in Gilbert. I would cash flow much more and those properties accumulatively would appreciate the same or better percentage wise than Gilbert.