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Updated about 8 years ago on . Most recent reply

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24
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4
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Algernon Brown
  • Brooklyn, NY
4
Votes |
24
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Deals in Arizona for buy and hold

Algernon Brown
  • Brooklyn, NY
Posted

Does anyone have any knowledge of Arizona's  market? I am looking to make a move and would like to know if anyone has did buy and hold deals in Gilbert Arizona?

Most Popular Reply

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598
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418
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Doug McVinua
  • Property Manager
  • Queen Creek, AZ
418
Votes |
598
Posts
Doug McVinua
  • Property Manager
  • Queen Creek, AZ
Replied

I'm a Real Estate Broker that lives and offices in Gilbert, AZ. 18 years full-time real estate in Arizona, all in the SE Valley (Gilbert, Chandler).

Gilbert is a very healthy upper middle-class suburbia community. Its a little hard to make the numbers work many times and many investors end up in surrounding communities like Queen Creek, San Tan Valley, Mesa, Maricopa etc.

Gilbert is fantastic, rentals are in high demand, vacancy is very low, lots of great factors other than the purchase price makes the numbers more challenging. Appreciation has been strong since 2010.

Glad to answer more/other questions for you anytime.

  • Doug McVinua
  • [email protected]
  • 602-751-7577
  • Loading replies...