Thinking about buying a rental in the PHX area?

[Quintin Johnson]

If there's anyone in the Phx area that's thinking about becoming a landlord, let me know what areas you're thinking about. Sometimes one street can get high rents and a higher cap rate, but one block over, and you're in a gang/drug neighborhood. I grew up there so I know the area well and the advice is just good for the community!
Happy investing!

[Lee Hines]

Quote from @Allyson Dohan:

New investor here, looking for my first rental property in the PHX area (preferably multi-family property or at least zoned that way). So far I've been looking at Camelback East Village and some areas of Uptown. Basically everyone has told me to not go south of Thomas Rd...Even south of Indian School Rd can be a bit iffy, depending on the block. Did a little tour when I was out there in early June and I can see what you mean about the extreme differences between adjacent blocks.

I hear Coronado and Garfield districts are "up and coming" but I'm not sure if I want to wait for that switch.

Also looking at Tempe and Mesa but just started searching over there.

What are your thoughts @Quintin Johnson ?

Most of metro Phoenix is that way.  It's very neighborhood specific. Nice houses a few streets over from not so nice houses. You can use the Google street view or satellite view to get an idea of what a neighborhood is like in some cases.