Hello from a new member from Gilbert/Phoenix and the surrounding cities

[Christopher Jennings]

Hello all!

I recently decided to leave the east coast, where I lived in NYC and Philadelphia for about 20 years. I decided to add to that change by leaving my career to focusing on Real Estate. I got my license as an agent and have done a lot to learn as much as possible about the market I'm in and the real estate world in general.

I am working with one investor currently, building a plan to start spec building in the new year, with a few other ideas as well.

I'm excited to meet like minded people on this forum! Any tips or lessons you may have learned are welcome! How about local groups that are sharing ideas?

Best,

Chris

[Mike Fingleton]

Hey Chris, welcome to the Valley.. and what a leap you’ve made, going from the East Coast’s fast pace to the wide-open spaces of Gilbert and Phoenix! I’m reminded of a buddy of mine who moved from Brooklyn to Scottsdale.. he initially thought the desert was just cacti and scorching heat, but soon realized there’s a thriving market here with pockets of real oportuntiy.
Working with an investor who’s ready to spec build is a fantastic way to dive in. If you haven’t already, I’d scope out the municipalities around town.. from what I read in The Economist, the Phoenix metropo area continues to rank high for job growth, which usually bodes well for new builds. I’ve seen folks pivot their plans quickly if they discover one city has friendier permit processes than another.
And yeah, the Phoenix area has some really down to earth investor meetups, from what I’ve heard, that can help you level up fast.
What aspect of the business are you most excited to tackle first.. managing construction, or scouting out those under the radar leads?