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Updated over 4 years ago,
Arizona East Valley Investors
Hello everyone! I am looking to buy in either the East Mesa, Queen Creek, or possibly San Tan Valley in the coming months (preferably east mesa). I'm looking for a house that my family and I can live in for the next 3-5 years before turning it into a rental property. What are some things that you look for when running the numbers of a home to find out if it is a good deal? How much value would an additional bedroom or half bathroom add? Do you focus more on the number of bedrooms/bathrooms or square feet in a property?
If you have invested in any of these areas I would love to hear about your experience and any other advice you may have.
As a side note I have began to run some numbers on a couple of properties, mainly using Brandon Turner's 4 square method. What calculations do you like to use?
Thanks in advance!