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Updated over 5 years ago,
Phoenix vs. Tucson AZ market - Good rental Market for 2018?
Hi Guys,
I know the prices have gone up in Phoenix in the past several years. I've made 2 trips there and it's impressive to see the changes in 6-10 months in the market.
However, after analyzing several markets, I realized that the Property Taxes and Insurance in greater Phoenix is actually really cheap and good for cash flow. So I'm now again actively looking at the market.
My question is, Im now looking for Single family homes and Tucson AZ seems to have way more options and newer homes for the price range I'm looking for. So I'm wondering if anyone knows or have any feedback on the Tucson AZ market? Is it a good Buy and Hold rental market for long term? Good cash flow market?
I know lots about the Phoenix/Scottsdale market, but never took Tucson in consideration or even seen it.
So any insight would be appreciate!
Thanks!
Lucien