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Updated about 8 years ago on . Most recent reply
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New to Arizona investing
Hi,
I live in Southern California and I have been investing in SFRs in Tampa for about a year now but am getting sick of the long travel time. I am currently considering investing in SFR properties in Arizona, but am not super familiar with the cities. I have visited two times in the last couple months to drive around and look at houses. I have gotten to know a few neighborhood but have not been able to come to a confident conclusion.
I was hoping you guys could give me some suggestions on neighborhoods and cities to look into next weekend when I visit again. I was hoping to get a single family home for less than 300k (and have good cash flow).
If there are things I need to consider I wouldn't be aware of please fill me in!
Thank you!
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Same as Doug, where have you checked out? Do you mostly buy and hold, or fix and flip? Rental properties in Flagstaff are becoming pretty popular, especially those that are close to NAU and CCC, since there is a very large student population. Prescott is also a great place to invest in the rental market, even for vacation rentals. Tucson's market has been on the rise for fix and flip properties, and then the Phoenix metro area has a good mix of both.
I do a bit of research on most of the larger Arizona markets, so feel free to PM me for more information :)