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Updated over 4 years ago on . Most recent reply

User Stats

69
Posts
10
Votes
Keegan Darby
  • Rental Property Investor
  • Queen Creek, AZ
10
Votes |
69
Posts

To all Phoenix (& East Valley) Investors

Keegan Darby
  • Rental Property Investor
  • Queen Creek, AZ
Posted

Dear Arizona investors, 

There is a large supply of townhomes currently on the market. By first glance many cash flow $200+ per door and are turnkey (including HOA fees).

What are your thoughts on investing in townhomes in the Phoenix area? It seems that there are many available for rent. 

Most Popular Reply

User Stats

177
Posts
53
Votes
Garrick Oconnell
  • Rental Property Investor
  • Phoenix Tempe Scottsdale, AZ
53
Votes |
177
Posts
Garrick Oconnell
  • Rental Property Investor
  • Phoenix Tempe Scottsdale, AZ
Replied

Make sure you know the CCR'S before you purchase it for a rental or short term rental- A lot of condo/ townhome communities do not allow short term rentals.

I own and manage sever condo townhome rentals as long term rentals they all have there own difficulties with the HOA which do not make them bad rentals.

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